Some freelancers dread tax season, but following these tips can help smooth the process when it’s time to file your 2023 federal income tax return. Taking the appropriate steps before December 31 could also help you pay less taxes as a freelancer this year. It’s sometimes possible for freelancers to pay less income tax than they would have as an employee (Thank you, tax deductions!). But this is not always true.
Here’s what you should know.
