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Major Tax Changes Coming in 2025: What Freelancers Need to Know

Freelance Union

As a freelancer, staying on top of tax changes is crucial for maintaining the financial health of your business and keeping in compliance with IRS tax law. Now that 2025 is on the horizon, there are many important changes to consider that could impact your tax bill. Act changes.

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Freelance Businesses Must File Beneficial Ownership Information Report for the Corporate Transparency Act by Jan. 1, 2025

Freelance Union

Get them answered in our webinar on November 6th: [link] The Corporate Transparency Act (CTA), which went into effect on January 1, 2024, has significant implications for freelancers and all business owners. and an image of the document.

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Looking for Freelance Health Insurance for 2025? Find Out If You Qualify for Free or Subsidized Plans!

Freelance Union

Check out all of our health insurance options for independent workers by easily comparing marketplace plans or exploring low-cost individual coverage today: [link] Whether you’re new to the world of freelancing or have been doing it for years, navigating health insurance when you’re self-employed can feel overwhelming and costly.

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Freelance Protections Were Just Signed Into Law Across California State: Here’s What You Need to Know

Freelance Union

The Freelance Worker Protection Act, an iteration of “Freelance Isn’t Free”, was signed into law by Governor Gavin Newsom on September 28th, 2024. In 2022, 60 million Americans freelanced, contributing $1.35 This provision eliminates the uncertainty many freelancers face when waiting for payment.

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Have a Freelance Business? The Corporate Transparency Act Means New Reporting for Your Freelance Business

Freelance Union

If you own a freelancer business, you need to be aware of the new reporting requirements effective Jan. Entities that existed prior to January 1, 2024, will have until January 1, 2025, to comply with the CTA.   Entities that existed prior to January 1, 2024, will have until January 1, 2025, to comply with the CTA.

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Looking for Freelance Health Insurance in 2024? Find Out If You Qualify for Free or Subsidized Plans!

Freelance Union

Whether you’re new to the world of freelancing or have been doing it for years, navigating health insurance when you’re self-employed can feel overwhelming and costly. Let’s walk through what you need to know for 2025. If you need coverage starting January 1, 2025, you must enroll by December 15, 2024.

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Updated Rules on Corporate Transparency Act Reporting May Impact Current and Former Freelance Businesses

Freelance Union

If you are not familiar with The Corporate Transparency Act (“CTA”) and what it means for freelance businesses, you are not alone. Here’s a quick recap of the CTA deadlines and obligations for freelance business owners: Companies formed prior to 2024 must file a report under the CTA no later than January 1, 2025