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6 Big Tax Insights Independent Contractors Need to Know

There are countless benefits for those who freelance or operate as an independent contractor. You control your own time, can be your own boss and have the ability to say yes or no to work based on your overall interest and availability. In addition, the Internet age makes being an independent contractor easier and in more demand than ever. What are we getting at? Many independent contractors fear tax time as it can be complicated. It doesn’t have to be though. Here are six tips for making tax season as painless and stress-free as possible when you’re an independent contractor. Know What to Expect If you’re paid $600 or more by an individual client, you should receive a 1099-MISC from that client. Typically, you include Schedule C with your tax return to report any self-employed income – along with any deductions for business expenses. If your net earnings from self-employment…

Housing Season and the Perfect Home Team

Housing season has officially begun. As anyone in the real estate business will tell you, spring is when most people buy, sell and renovate their homes. Whether you’re in the market, on the market or getting ready to remodel your kitchen, you need a home team you can trust. These tips from SelectQuote Auto & Home will help you pick the right realtor, contractor and mortgage broker for your needs – and save you money in the process. How to Choose a Realtor The purchase or sale of a home is one of the most significant financial decisions you can make. That’s why it is so important to pick a realtor who’s right for you, as opposed to just going with a friend who happens to be in real estate. Here are three criteria to help you find the right realtor for your needs. Use an Actual Realtor. The terms agent, broker…

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