Monday 27 February 2017

Freelancers, Make Sure to Pay Quarterly Estimated Taxes to Avoid an IRS Penalty

When you work as a standard employee, you fill out a W4. It basically tells your employer how much to set aside for taxes every time you get paid. When you’re a freelancer, this responsibility is on you. Many freelancers don’t realize it, and it can lead to an ugly surprise in April.

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