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Independent Contractor Taxes: A Beginner’s Guide

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Freelancing certainly has its perks. Filing taxes is not one of them.

Whether you’re considering making the leap into the world of freelancing or you’re already in the deep end, independent contractor taxes don’t have to be that complicated.

Here’s what you need to know to keep Uncle Sam happy as you navigate your entrepreneurial venture.

How Do You Pay Taxes as an Independent Contractor?

The advice below will vary if you’ve chosen a business structure like an S-Corp or an LLC. Since sole proprietorships are the default for most freelancers, we’ll focus on what those taxes look like.

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