Once you secure clients and gigs, you'll need to carefully manage the three main elements of your freelance writing income: invoicing, banking and taxes. You will submit your invoice, usually via email, after the project is complete. However, those in the magazine/trade publications markets may get to forego this step due to internal processes. After you receive your payment (hopefully on time and in full!), you'll need to carefully track these expenses in anticipation of tax time. Once tax time hits, you'll be able to provide your tax preparer with all of the documents and numbers needed.

