Hey All, I work full time as a programmer but I often take side jobs for clients. Last year I took a job that I thought was under the table but I wound up getting taxed on it. (won't happen again). Going forward I just want to know the best way to handle freelance work. Since I use my car and use my home for freelance work should I establish a DBA and funnel all the money through there or should I just keep it as an individual? What are the tax implications of both. I'm not really sure how much of my contract price I should set aside for taxes. Also do I pay at the end of the year or after each job? thanks!
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<