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Income Tax (ITR) for Freelancers in India – 2023 Guide

Write Freelance

Tax season can be extremely stressful for anyone, especially for freelancers in India. But did you know as a full-time freelancer you only need to pay taxes over 50% of your income? There are a lot of nuances to income tax for freelancers in India. What is ‘freelancing’ as per income tax rules? What is freelancing income?

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Why You Should Consider an LLC the Right Choice for Your Freelance Business

Freelance Union

As a freelancer, you may have considered starting your own business to take your career to the next level. If you're operating your freelance business as a sole proprietor — you'll know you are if you receive payments under your SSN — you're the only one in the spotlight when things go wrong.

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How the Business Energy Investment Tax Credit (ITC) Can Benefit Freelancers

Freelance Union

As a freelance business owner, you may be eligible for the federal Solar Investment Tax Credit and Business Energy Investment Tax Credit (ITC), which were introduced as part of the Inflation Reduction Act (IRA). We’ll cover both below so you can maximize the tax advantages the ITC can provide to you as a freelancer.

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The IRS Needs to Know About Your Crypto - Here’s How to Report It on Your 2022 Freelance Tax Return

Freelance Union

Now that it’s time to file your freelance taxes, you may have questions about how to report your cryptocurrency (now referred to as “digital assets'' instead of virtual currencies by the IRS). When should I answer ‘No’ to the digital asset question on my federal freelance  tax return?

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Compare The Best International Payroll Services

Quick Sprout

Payroll plans start as low as $20 per employee per month, and contractor payments start at $25 per pay cycle. The team at ADP understands all of the government regulations and local laws that must be followed when you’re hiring and paying employees in different countries. Payoneer — Best For Paying International Contractors.

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Everything You Want to Know About Becoming a Freelance Copywriter

Susan Greene

Hi, I’m Susan Greene, a freelance copywriter based in Orlando, Florida. Learn from my 25+ years of experience how to succeed as a freelance copywriter. I hope you find my responses helpful as you travel on your journey to become a happy and successful freelance copywriter. What resources are indispensable for freelancing?

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What you need to know about surety bonds and whether you need one

Freelance Union

When a contract to build a project is awarded, the company which won the contract (the principal) obtains a surety bond that will compensate the project owner (the obligee) in the event that the contractor defaults on the contract or causes a financial loss of some kind. There are four types of contract bonds.