Just got my first ever contract to do freelance work. Anything I should look out for or ask them to include before signing it? No mention of the tax form/structure they are using, but I’ve seen on FB that one is better than the other (1099 vs W4) Help me, plz, I’m a n00b.

like
Posting as :
works at
You are currently posting as works at

W4 is a lot easier for a newbie. The paychecks work the same as a fulltimer. Plus, once the gig ends, you can collect unemployment until your next gig.

helpfullike

Make sure to say the gig ended due to “lack of work.” It’s legal, don’t feel dirty about it.

like

Also, if it’s W4, will they take taxes out or will I just have to pay them when I file down the road?

They take taxes out for W4.

Agree with ACD1. Was able to apply this year cause I was W4 at my last gig.

Related Posts

Someone talk to me about Isobar and/or IA Collaborative. 👍👎❓

like

NY is wild. Found out this AM that they are building a massive luxury building literally next to a homeless shelter that has been in the news over and over again for how bad the conditions are. I’m sure they’ll charge $6k for a one bed.

likefunny

Hi Bain’ers, It will be super grateful to know what is the entry level package for a Manager in non-consulting role e.g. PPK. For reference, YOE - 11 yrs, 34 LPA fixed is my current package, not a manager.

like

Nearly killed me this morning leaving my fiancé at home after he was up all night with a stomach bug. Thankfully I’m local, but annoyed this proposal is keeping me away from helping him through this

like

Hello Fishes
Which is better to join?
1.
Capgemini invent; Manager C2; 27.2 fixed + 10% variable
2. EY GDS; Associate manager; 26 fixed + 15% variable
YOE: 8 years

like

Hi all, I just got a job offer at PwC for a senior consultant position. The salary is 30% above my total comp right now, but I’m just worried about the amount of work I will have to put in compared to my amazing work life balance now. Does anyone have any experience moving from industry to consulting? I need some advice on what to do. I’m still early in my career (1.4yoe) so I feel like I shouldn’t care too much about wlb, but at the same time, I don’t want my mental health to suffer either.

like
helpful

Corrosion lab tech salary.... 10 years of experience..

like

Currently serving notice period in TCS and September 20th is LWD. Looking for any opening in Sydney location. I have dependency Visa TSS 482. Having 10 years of experience and my current role is Technical lead.
Recently done scrum master certification.

Regards
Kavya

like

What to expect in the Director Round at PwC?
Round 1 and Round 2 were technical rounds. Director is Round 3.

Thanks in advance !!! PwC PwC

like

When will EV bubble will pop. Except tesla and rivian everything else is so over inflated. Nkla, wkhs, nio have gone up like 10 times in 3 months. That's insane. Will this bubble pop when tsla corrects and goes back to 1000

like

Welcome to all single parents or those interested in supporting and learning more about single parents!

like

I'm going to accept an offer that's 150k+🎉 I'm a single filer, no kids. I'll be able to max out: 401k, HSA, but from my understanding, I will not qualify to utilize IRA? Aside from building a 6-month emergency fund (HYSA), what are potential next investment vehicles? I do know I want to start purchasing real estate for cash flow. But what about mega-backdoor Roth IRA? I'll admit, I still need to read more on it.

Just curious what investment vehicles you're using to get to FIRE.

like

What is salary range for Senior Manager – Financial Systems based out of Bangkok? What are other benefits provided by Agoda Thailand?

I’m so single I don’t know why. I’ve tried dating apps, played social sports, done hobbies that interest me, and even stopped looking. After all that, I still haven’t found someone #dyingalone

like

Hi,

We are looking for React Native Developer who have worked on Banking/Finance project or applications.

Its pune bases company
Relevant Experience :3.5

16+ YOE mainframe Architect/Manager salary expectations please, which company giving high pay, any leads pls provide insights.....

Thank you

like
like

anyone up for chat?

like

Additional Posts in WFH Freelancers

Has anyone used an online accountant/back end company to manaage all of your invoices, billing, taxes, etc?

I’m debating using Collective or Bench but would love real reviews.

like

Is there a list of agencies and clients that don’t pay on time or at all? If not, can we start one here?

likehelpful

How do you deal with references as a freelancer? Most of my past gigs - I had managers on paper but it was a formality as I led my own work so don't feel comfortable asking them to be a reference.

like

Question: since August last year, the same recruiter at a mid-size agency has asked me about freelance gigs maybe 4 or 5 times......continued:

Current place I'm at wants to extend me. Thing is I had already (verbally) agreed to another place. But other place is less $, less time, though more "prestige". Stay or go?

like

Trying to avoid paying an accountant, can I actually write off home office space/mileage if I was just permalancing for 3 months last year? Shouldn’t the 7 months of W2 take care of this 1099 shit?

Looking for freelance junior and mid level producers for an agency gig in NYC. Message me if you're looking or know someone who is!

like

Newly freelance and struggling to set a rate. GCD, 20 years of agency experience. Any insight ? Thanks

While apartment searching, how do you prove that you’re making 40x’s the rent if you’re working freelance? I’ve been freelancing consistently for about 8 months just don’t have a full time job

Anyone looking for a good accountant for freelancers? (I have one.)

likehelpful

What do you wish you knew before you started freelancing?

I’ll go first… Wish I knew not to take it personally when recruiters didn’t respond or ghosted.

likehelpful

Thinking of removing my work experience & skills descriptions from my resume and replacing it with what I haven’t worked on & what skills I don’t have. To, ya know, speed up the app process. Thoughts?

likefunny

What’s the average hourly freelance rate for digital art directors with 3 years of experience in NYC?

Does anyone knows if freelancers will have to go back to office in September when agencies are asking everyone to return?

like

Freelance social media managers: how to you charge for your services? What deliverables are included? What’s your rate?

like

Freelancers who have been with the same clients long term, how do you go about requesting a raise?

Do you ASK them? Or do you TELL them that your rates will be going up?

like

Has a client ever asked you to put your bank info for direct deposit on your invoice? I’m guessing this is my account number and routing number.

To people living abroad (outside of the US), do you apply for jobs that specifically state they only hire US residents?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal