Freelancers

Taxes, taxes, taxes: what deductions are you taking as a freelancer?

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I have an accountant who helps me maximize my deductions as an s-corp. literally helps me take home 30% more per year.

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Get an accountant. It will be worth every penny.

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Get a good accountant.

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smart
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👍🏻👍🏻

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Depends if you have an EIN or not

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When you say freelance are you talking 1099 or W2 )not technically freelance, more temporary employee?). A lotta places make us “freelance” on W2 where there’s little room for tax creativity.

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Additional Posts

So what does it take to get fired, I've made a couple large mistakes.

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Tax question (from an auditor). Bought my first house this year and super pumped to itemize. Any thoughts on deducting a % of cell phone bill - firm reimbursement under job expenses? And...

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Working with an all male team being the only female sucks sometimes. They are all unhappily married so to get away from wifey they come into work during a snow storm. Fuckers! Could have been wfh!

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Was anyone on the GPS C&M call today? What did you think about Sundhar’s responses on the very pointed H1b questions?!

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Called in sick today to have 2 interviews and I don’t feel bad about this. At all.

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Work 2 years as Staff, promoted to Senior, work 1-2 years as Senior, get MBA. When re-entering consulting, are those 1-2 years as Senior factored into your placement level? Or are they negated?

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WFH tips?? Any and all advice appreciated 🙏🙏

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A friend received feedback after his McKinsey case interview saying some of his answers were not “detailed enough”. He stated that he had 4-5 discussion points around each topic area and the interviewer never asked him to clarify or go into detail. Has anyone received that feedback before and how did you improve the next time?

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Good time to enter market? Looking to buy index funds and some mutual funds but heard that too much money is flowing into index funds. Is the market expected to come down another 1000 points?

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What are the best resources to prepare for Amazon’s “fit” questions for a Program Mgr role? I have 4 days to prepare for final round with 5 people. TBC...

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Any experience with BCG Plationion, especially in Germany? HR just contacted me. How’s the compensation for 6 YoE/ Manager level?

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Is Deloitte still hiring H1B? What is the minimum time you should have on your H1B to be hired by deloitte ?

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Hi, my wife and I are expecting this upcoming year. So we are looking for health insurance that can properly cover her maternity visits and labor. Any recommendations (Florida)?

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Can someone from Accenture talk to the Accenture Strategy - Enterprise Data and Analytics Consultant position? Types of projects and compensation?

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The people that always seem “on.” Working out, engaged at work, traveling all the time, having great weekends....how do you do it? Do you sleep? Don’t you get sick and feel like crap? Seriously asking

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Iceland itinerary/hotel/other recommendations please. Going with our then 9 month old in Last week of September for 6 nights, 7 days Not much of hikers, will buy hotels with cash not points

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NY Sales tax laws - I can’t hand a drive off to the agency w/out charging sales tax on the entire worth of the job correct? Do I ask client to supply drive or ship out of state? What are workarounds?

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Have a vacation planned to Panama next week. Would you cancel? I don’t travel for my project. So I’m interested in hearing your thoughts. For those traveling what precautions are you taking?

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Anyone going crazy with boredom during maternity leave? Help!

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TFW when you were already going to be remote and the client says "we don't need you to be available next week" 🙌🏻🙌🏻🙌🏻 byyyyeeeee

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