Freelancing and Taxes

I’ve been meaning to write a post about being a freelance web developer and paying income tax. Thankfully, Matthew Haughey wrote a nice piece today on his site, fortuitous, about his trials and tribulations in finding a decent accountant that understood what he does for a living.

His best advice comes near the end:

If you’ve ever run your own business or been a freelancer, you know the pain of scrambling to pay an unexpectedly large tax bill. Be aggressive with the amounts you pay on your quarterly payment schedule and you’ll spare yourself a lot of pain down the line.

For those that don’t know, Mr. Haughey is the man behind the ginormous sites MetaFilter and PVRBlog.

June 28th, 2007 | Money | 1 Comments

1 Comment

  1. I am an accountant who owns his own web development company, so I completely understand what you’re going through.

    Comment by Aaron — August 18, 2007 @ 2:28 am

Leave a comment...