Paying taxes as digital nomad

Paying Taxes as a Digital Nomad

One of the most alluring things about freelancing and self-employment is the flexibility to work from wherever you want. Globally, there are nearly 35 million digital nomads with 15.5 million of them coming from the U.S. For those from the U.S., tax season may come with unique challenges depending on what state you have residence […]

Freelancer's Guide to Retirement Savings

Freelancer’s Guide to Retirement Savings

The freedom and independence of freelancing come with some responsibilities unique to the profession. Retirement contribution matching is often a perk that comes with traditional employment. Employers can make it an automatic and easy way to start saving effectively for retirement. As a self-employed small business owner or freelancer, you have to do a little […]

Online banks for freelancers

Five Great Online Banks for Freelancers & the Self-Employed

Freelancers need banking solutions that are just as smart and savvy as they are. They need quick transfers, insightful data, and the least of all fees. These online banks for freelancers make mastering the art of money easy and sensible. Do I need a business bank account as a freelancer? There are some situations where […]

How to Start Freelancing. Woman sitting a her desk in a white office.

How to Start a Freelance Business

There is a considerable shift happening in the workforce across the globe. A rising number of workers are choosing to be self-employed over a traditional 9-to-5. And who can blame them? The post-pandemic job market has been far more receptive to remote workers. As times are changing employers have fewer hesitations about hiring consultants. Plus, […]

How to Spend Less and Save Money for Small Businesses

If you’ve just started a small business, then you’ll well know how tight cash can be in the early months. With start-up resources (including tools and materials, business insurance, and human labour) eating up your business loan, you may be questioning the viability of your enterprise in the long-term. But don’t despair prematurely: by instituting […]

Freelancers! How Are You Managing Your Finances?

When I ended my marketing company in 2014, I didn’t know my next career step. I was open to the possibilities of working as an employee for another company, starting a new venture, working with business founders as a freelancer, or doing something completely different in the nonprofit arena. It turns out freelancing would initially […]

disability

A Dream And A Plan – Disability Shouldn’t Stop You From Starting A Busines

In 2015, the Wright family of Wilmington, North Carolina, opened a small business, a coffee shop with a staff determined to make a go of it. A full list of specialty coffee drinks and a menu featuring breakfast and lunch items got the new venture off to a good start, but there was much more […]

The Tax Deductions Every Sole Proprietor Should Know

Tax deductions every sole proprietor should know. While tax law is complicated, the benefit of utilizing tax deductions is simple. The more legitimate deductions you’re able to claim, the less tax you pay. As a sole proprietor, using a majority of their business earnings as income, these are some of the small business deductions you […]