Freelancing offers flexibility and independence, but it also comes with unique tax challenges. Unlike traditional employees, freelancers are responsible for managing their own taxes. Here are 5 essential tax tips for freelancers and independent contractors:
Running a small business is no small feat, and managing taxes can feel overwhelming. However, with the right tax planning strategies, you can maximize savings, stay compliant, and focus on growing your business. Here are the top 5 tax planning strategies for small businesses in 2025: