Finances and Money Management Tips for the Freelance Writer
It's all about the mighty dollar. Once you're established as a new freelance writer, you're going to need to start managing that in-and-out flow, make sure you're getting paid for your work, and prepare for the tax man.
Bookeeping and accounting basics for writers is introduced through Brigitte Thompson's book "Bookkeeping Basics for Freelance Writers." A review of the book for writers.
Health Insurance for Freelancers - New Options for Freelance Health Insurance. Some additional possibilities and resources are discussed for freelance writers and other independent contractors who need health insurance.
Ready to take your freelance writing on to the next level? Start a freelance writing business! How to turn your freelance writing into a bona fide freelance writing business.
Freelance writing is a viable way to make extra (or even full time) income. Here's an introduction to freelancing for cash.
Set your writing rates with this easy step by step article.
Once you complete your writing assignment, you'll often need to provide a printed invoice to your employer. Be sure to include the basic elements of an invoice, listed here.
The nature of freelance writing payments is one of the hardest parts of a freelance writing career. Payments can be very intermittent- which is hard on your finances! Here are some strategies to deal with this.
Make sure you are paid for your writing project. Follow these steps for slow payment on a writing contract.
Writing expenses- what can you write off? Do you have to be a business to write something off? Freelance writers have to pay taxes, too, so you may as well write off what you can!
Tips on how a freelance writer can properly prepare for taxes.
As your new freelance endeavor grows, you're going to have expenses and income. You need to keep track of the flow in and the flow out, not only to guage your progress, but also to account to Uncle Sam. Here's some hints for setting up a system from About's Small Business Guide.
The home office deduction can significantly reduce your tax burden. Should you take it? Are the risks worth it?
There are health insurance coverage options and choices for freelance writers and other independent contractors- it's just a matter of research!
Independent health insurance for freelance writers, consultants, and other independent workers is discussed. Writers can find out where to buy health insurance, how much health insurance costs, and how to get health insurance.
Freelance taxes and hints on taxes for freelancers. If a client doesn't pay, can you write it off your taxes?
As a freelancer, you may essentially operate as a small business. So does that mean you can deduct that writer's conference or new printer? Check out this article on tax deductions to view all the rules and policies.
