Freelancing Taxes: What You Need to Know Freelancing offers freedom and flexibility, but it also comes with unique tax responsibilities. Unlike traditional employees, freelancers are responsible for calculating and paying their taxes independently. Here’s everything you need to know to navigate freelancing taxes effectively. What Are Freelancing Taxes? Freelancing taxes are payments made by self-employed individuals to cover income and self-employment taxes. Since freelancers don’t have employers to withhold taxes, the responsibility falls entirely on them.

Freelancing Taxes: What You Need to Know
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