Whether you’re an independent contractor, freelancer, consultant, or considering self-employment, it all adds up to the same thing: you need to be more aware of laws and taxes than the average person. Get all the information you need to know to:
- obtain necessary permits and licenses
- determine how much to charge your clients
- write legally binding contracts and avoid unfair ones
- qualify for independent contractor tax treatment
- make the most of your tax deductions and comply with strict IRS rules
- get benefits (including health coverage) and insurance
- keep accurate records in case you get audited, and
- make sure you’re paid in full and on time.