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How to make quarterly tax payments if you're a freelancer or business owner

Quick summary:

Types of income that may require you to make quarterly payments include:  Self-employment income, from a business you own or freelance workContract work, including gig work or any job where you aren't an employee with taxes withheld from your paycheckDividendsCapital gainsDistributions from a retirement accountW-2 wages, if you didn't have enough tax taken out of your paycheckMathis notes that anyone who expects to pay more than $1,000 in taxes on all those income sources combined should plan to pay estimated taxes

#biyro #atlanta #bookkeeping #accountant #miami

More: https://biyro.com/blog/freelance/how-to-make-quarterly-tax-payments-if-youre-a-freelancer-or-business-owner/
The Best Pandemic Pivots of 2021: Expanded Outdoor Dining, Wage Restructuring, and More

Quick summary:

1. MC encourages readers to consider donating to Haley House, Community Servings, the Greater Boston Food Bank, Restaurant Worker Mutual Aid of Greater Boston, and community fridge programs in your neighborhood.

2. Marc Hurwitz, founder of Boston's Hidden Restaurants and Boston Restaurant Talk, food/travel writer for Dig Boston and NBC Boston/NECN:

3. Jacqueline Cain, freelance writer and editor with The Food Lens, Edible Boston, Boston magazine, America's Test Kitchen, and more

#biyro #london #miami #instagood #beautiful

More: https://biyro.com/blog/freelance/the-best-pandemic-pivots-of-2021-expanded-outdoor-dining-wage-restructuring-and-more/
These packages might kill me': The harsh reality of freelance delivery drivers in Japan - The Mainichi

Quick summary:

1. TOKYO -- As demand for online shopping increases under the coronavirus pandemic, delivery drivers working as sole proprietors in Japan are complaining about their distressing situation, with some saying that they are forced to work extremely tight and long hours, and that their contracts have been unilaterally canceled.

2. In addition to receiving consignments from subcontractors and other companies like this man, there are also sole proprietors who carry Amazon's packages by receiving direct consignments from Amazon through a system called Amazon Flex

#biyro #miami #love #birthday #promo

More: https://biyro.com/blog/freelance/these-packages-might-kill-me-the-harsh-reality-of-freelance-delivery-drivers-in-japan-the-mainichi/
How to manage freelancers and independent contractors

Recent highlights:

1. Remember that most freelancers aren't completely freelancers, but have contacts and networks that help connect them to other jobs.

2. Freelancers are mostly freelancers because they want more autonomy and independence, and often work for organizations other than your own.

3. A dissatisfied and underpaid freelancer can denigrate your organization after the job is done, making it difficult to recruit freelancers in the future

#biyro #smallbusiness #chicago #thelightwithin #miami

More: https://biyro.com/blog/freelance/how-to-manage-freelancers-and-independent-contractors/
Freelancer tax guide 2002

Quick summary:

1. Form 1099-MISCAlso referred to as the Miscellaneous Income tax form, this is the tax form used to calculate tax liability as a freelancer.

2. The two tax forms you may already be aware of are the W-2 tax form, which is received through traditional employment, and the 1040 form, which is the standard U.S. Individual Income Tax Return.

3. If you make a substantial amount of income as a contractor or freelancer, or if you freelance full time, you are required to declare that income on your 2021 tax return and make quarterly tax payments to the IRS

#biyro #cash #taxpreparer #miami #taxreturn

More: https://biyro.com/blog/freelance/freelancer-tax-guide-2002/
As the ranks of freelancers swell, the taxman cometh for those in Arlington

Recent highlights:

1. Customers can get confused and think that they should pay a flat fee for gross receipts up to $100,000, plus the tax rate on the remaining receipts, however, the correct amount to file and pay is based on multiplying the total gross receipts by the tax rate, said Susan Anderson, the communications director for Arlington's Office of the Commissioner of Revenue.

2. Independent workers can deduct their expenses from their state and federal taxes, but locally, Arlington's Business, Professional and Occupational License (BPOL) tax collects on pre-expense revenue, or gross receipts

#biyro #atlanta #miami #taxes #bookkeeping

More: https://biyro.com/blog/freelance/as-the-ranks-of-freelancers-swell-the-taxman-cometh-for-those-in-arlington/
Building A Successful Freelance Career: More Choices For Getting Started Right

Recent highlights:

1. com, in collaboration with the DeBruce Foundation of Kansas City, the Kansas Department of Commerce, and Board of Regents have taken a big step in growing their program, working together with 33 Kansas public colleges and universities to provide paid micro-internship opportunities for students through an impressive new program called the Kansas Micro-Internship Program.

2. We help our students see freelancing as a business requiring – as any business does - strong professional and business skill, excellent relationship skills, and good personal branding

#biyro #lifestyle #miami #culture #usa

More: https://biyro.com/blog/freelance/building-a-successful-freelance-career-more-choices-for-getting-started-right/
Building A Successful Freelance Career: More Choices For Getting Started Right

Recent highlights:

1. com, in collaboration with the DeBruce Foundation of Kansas City, the Kansas Department of Commerce, and Board of Regents have taken a big step in growing their program, working together with 33 Kansas public colleges and universities to provide paid micro-internship opportunities for students through an impressive new program called the Kansas Micro-Internship Program.

2. We help our students see freelancing as a business requiring – as any business does - strong professional and business skill, excellent relationship skills, and good personal branding

#biyro #miami #weightloss #miamidade #unitedstates

More: https://biyro.com/blog/freelance/building-a-successful-freelance-career-more-choices-for-getting-started-right/
Weekly Tarot (Feb 7th to Mar 13th): Here's the career outlook for Aries, Gemini, and Cancer

Recent highlights:

1. Job- you might feel hopeless or clueless about the future of your current job or growth in current job.

2. Freelance- you are likely going to build a lot of contacts this week.

3. Freelance- your plate would be full with a lot of projects this week

#biyro #florida #friday #monday #miami

More: https://biyro.com/blog/freelance/weekly-tarot-feb-7th-to-mar-13th-here039s-the-career-outlook-for-aries-gemini-and-cancer/
Tech Gives Rise To Freelance Consulting Boom - Comesite 100

Recent highlights:

1. Petitti: Consulting has always lent itself to a hybrid approach, but the broad acceptance of remote work helped many highly skilled workers get off the fence and into the freelance market.

2. To get a better idea of ​​where the new power dynamic is leading and how it's impacting the future of work, I talked to Pat Petitti, co-founder and CEO of Catalant — a platform that connects highly skilled workers to strategic consulting opportunities.

3. Drenik: Thank you, Pat, for this conversation about the future of freelance consulting and the ever-shifting power dynamics of the labor market

#biyro #motivation #startup #losangeles #miami

More: https://biyro.com/blog/freelance/tech-gives-rise-to-freelance-consulting-boom-comesite-100/
How to Make Money as a Freelancer

Quick summary:

1. One study commissioned by Upwork and Freelancers Union found that freelancers have a median rate of $20 per hour, which is higher than the median of $18.

2. Rather than making a long-term commitment to one employer, freelancers work on various projects for different clients that pay them for their services.

3. Clients will then pay the invoice according to the freelancer's payment terms, which detail when payments are due and what methods are accepted

#biyro #services #sunnus #miami #artists

More: https://biyro.com/blog/freelance/how-to-make-money-as-a-freelancer/
The Freelance Revolution Is Ahead Of Schedule

Recent highlights:

1. First, at least among tech companies, flexible, blended teams of full-time and independent employees are already the norm: 73% of tech companies have integrated teams of freelancers and employees.

2. Second, tech leaders see independent talent as a key tool amidst economic uncertainty and remote work: 71% say that bringing on freelancers or independent workers gives their business greater agility during times of economic uncertainty.

3. Fifth, the shift to blended team has created new opportunities for freelancers and freelance platforms

#biyro #thelightwithin #miami #losangeles #sunnus

More: https://biyro.com/blog/freelance/the-freelance-revolution-is-ahead-of-schedule/
How Is The Freelance Revolution Shaping Up In Germany? CEOs Share Their Views

Quick summary:

1. Freelancing in Germany has been rising for years, but the pandemic gave it a huge boost, with professionals switching to freelancing in the IT and startup sector, and companies considering freelancers as a viable alternative to full-time employees.

2. How is the freelance revolution shaping up in Germany: what's your forecast for the freelance economy in Germany in 2023 - 2024?

3. Freelance growth in Germany is not a fad, it is a megatrend: Over the last 30 years in professional services the number of freelancers has tripled from

#biyro #miami #jamaica #japan #netherlands

More: https://biyro.com/blog/freelance/how-is-the-freelance-revolution-shaping-up-in-germany-ceos-share-their-views/