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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?

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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. This legislation, which was authored by Senator Scott Wiener, provides protections for independent contractors who work for a hiring entity located in California. 

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Why You Should Consider an LLC the Right Choice for Your Freelance Business

Freelance Union

As a freelancer, you may have considered starting your own business to take your career to the next level. If you're operating your freelance business as a sole proprietor — you'll know you are if you receive payments under your SSN — you're the only one in the spotlight when things go wrong.

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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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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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How the Business Energy Investment Tax Credit (ITC) Can Benefit Freelancers

Freelance Union

As a freelance business owner, you may be eligible for the federal Solar Investment Tax Credit and Business Energy Investment Tax Credit (ITC), which were introduced as part of the Inflation Reduction Act (IRA). We’ll cover both below so you can maximize the tax advantages the ITC can provide to you as a freelancer.

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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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