Self-Employed | The TurboTax Blog

Are You Self-Employed and Don’t Know? [INFOGRAPHIC]

May 31, 2017September 7, 2017 / TurboTaxBlogTeam

For some, it’s easy to identify as a #SelfMade boss, but for others, the self-employed line may be a bit more blurry. Many people don’t even realize they are considered self-employed by the IRS! Use the handy guide below to find out...

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Self-Employed

Self-Employed Tax Tips & Summer Jobs

May 26, 2017September 22, 2017 / Ginita Wall, CPA, CFP®

Ah, summer – the time of year when young adults become entrepreneurs. Whether it’s a summer job or a part-time gig, by the time high school and college roll around, many young adults can be considered self-employed. If that’s you or...

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Self-Employed

Three Reasons to Track Finances Year Round When You’re Self-Employed

April 28, 2017 / Jim Wang

Being your own boss can be liberating and terrifying at the same time. You set your own hours, decide your path and keep what you earn. You are also responsible for finding new work, building relationships and you aren’t paid...

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Self-Employed

Is This Deductible? Business Clothes for the Self-Employed

April 6, 2017 / Jim Wang

When I first started working, I didn’t have what I’d call “work clothes”. Fortunately, I was working in a corporate office environment that only expected business casual. I could even wear jeans! I stopped by a local store to pick...

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Self-Employed

1099-MISC or 1099-K: What’s the Difference?

April 5, 2017April 5, 2017 / TurboTaxBlogTeam

Self-employment comes with many perks, including deserved business expense deductions. Did you drive during the course of the work you performed? You can take a mileage deduction. Did you buy computer or office supplies to use for consulting? Then you...

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Self-Employed

Last Minute Tax Tips for Self-Employed Filers

March 27, 2017 / TurboTaxBlogTeam

With warmer weather comes the end of tax season: the deadline to file your taxes is Tuesday, April 18th. Between work, family and everyday responsibilities, it’s possible to leave your taxes for the last minute. But that doesn’t mean you...

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Industries, Self-Employed

Tax Tips for “The Sharing Economy”

March 4, 2017March 4, 2017 / TurboTaxBlogTeam

A laughing pretty chinese woman with a hat on driving somewhere with her friends in the backseat

How we perform our daily tasks and interact with one another is constantly changing. Many entrepreneurs and companies have been able to capitalize on these technology-driven opportunities, and have created a movement around sharing instead of owning. You may have...

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Self-Employed

How Much Can You Deduct for Self-Employed Expenses?

March 4, 2017April 5, 2017 / TurboTaxBlogTeam

Running your own business as a #SelfMade entrepreneur gives you the ability to make business decisions based on your own budget and priorities. You can decide where you’d like to work, even if it’s at home in your own office...

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Expenses, Self-Employed

Can I Write Off Parking Tickets if I Drive for a Living?

February 24, 2017February 24, 2017 / TurboTaxBlogTeam

Let’s say you’re driving for Lyft or Uber, and need to grab a coffee before picking up your next customer. The line is longer than expected, you are unable to get to the parking meter to feed in a few...

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Self-Employed

A Step-by-Step Guide to Managing Your Finances as a Freelancer

February 21, 2017 / Ashley Feinstein Gerstley

Pretty Caucasian woman sitting at her office deks and working on her laptop.

Managing your finances requires diligence even when you have a steady paycheck. Add in what comes along with being a freelancer — inconsistent income, the ups and downs of running your own business, and wearing many hats at once —...

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