I feel so bloody grown up
I feel so bloody grown up
Out of context: Reply #3
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- boobs0
I'm based at home, but, except for rent, I have all the regular expenses: computers, software, hosting, phone, professional organizations, etc., etc..
I'm just saying that you have to track your time to do your billing anyway, it doesn't take that much more work to track your expenses (as a freelancer, there aren't that many...). And once you've tracked both of those, software like TurboTax will tell you what you owe in taxes.
I have a friend who has almost the same business as me, and he spends $800/year on his accountant. To me, that's an amount worth saving by doing it yourself. YMMV.
Now, if the figure was $200/year, I'd do it differently.