freelance taxes
freelance taxes
Out of context: Reply #13
- Started 15 years ago
- Last post 15 years ago
- 21 Responses
- woodyBatts0
"income is income" in regards to the above.
One of the discussions I have a lot of the time is between FT vs. PT freelancers. In almost every situation PT freelancers get really screwed over. The reason below.
FT Freelancer =
Income-Expenses then taxesPT Freelancer (which is really just inc. vs not inc.)
Income-taxes then expensesIt is true that whether you are incorporated or not you can write the same stuff off, however the amount that you can write, the percentage of tax vs income, and various other elements change.