The Ashford blog: money and taxes for people who work for themselves
How much to set aside, which receipts to keep, LLC or sole proprietor, and paying yourself on purpose.
Taxes
How much should a freelancer set aside for taxes?
25 to 30 percent is the usual advice. Here is how to find your own number instead.
Laura Chen, CPA
Getting started
Your first year as a freelancer: the tax checklist
Eight things to set up in month one so April is boring.
Sam Whitaker
Business setup
LLC or sole proprietor: what changes for taxes
Almost nothing, at first. Here is when it starts to matter.
Laura Chen, CPA
Deductions
The receipts you actually need to keep
Not every coffee. A plain guide to what the IRS asks for.
Sam Whitaker
Money
How to pay yourself as a freelancer
Owner draws, a steady monthly amount, and why your tax pocket comes first.
Maya Brooks
Deductions
Seven deductions freelancers miss most often
Health insurance, retirement, and half your self-employment tax, among others.
Laura Chen, CPA
Connect the accounts you get paid through and Ashford shows your fourth-quarter estimate in about five minutes. Bookkeeping and estimates are free; filing starts at $24 a month.