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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?

Freelance 246
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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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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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12 Tips For Your Business Startup Checklist

Quick Sprout

Or perhaps you’re a website designer for authors and your business will be 100% online, enabling you to work from home for the first time. Say your business will be designing websites for authors and other creatives. Freelancers, small local businesses, and IT consultants are often sole proprietorships.

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12 Top Sites to Find Data Entry Jobs From Home (+ Alternatives)

Smart Blogger

Fiverr Fiverr is a website where people can offer goods and services for a minimum of $5. Clickworker Clickworker is an intuitive website that offers plenty of opportunities for remote, freelance work. Clickworker Clickworker is an intuitive website that offers plenty of opportunities for remote, freelance work.

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LLC Vs. Sole Proprietorship: Pros and Cons

Quick Sprout

Many sole proprietors are also independent contractors (freelancers), although the two terms are not synonymous. Independent contractors work for another business, but not as an employee. Even with a DBA, the state and federal government doesn’t recognize your sole proprietorship as a separate entity.

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How to Avoid Legal Trouble, Income Tax Fines, and Penalties as a Blogger

ProBlogger

Many internet entrepreneurs fail to consider this and are later faced with severe fines and penalties from relevant governing authorities. Contractor pay compliance. In the United States, you are required to timely complete and file Internal Revenue Service (IRS) Form 1099 for each contractor hired if you paid them at least $600.

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