Freelance Starter Consultation

Service Description

Our Freelance Accounting and Tax Consultation Service is designed to provide comprehensive support for individuals starting their journey as freelancers. We offer personalized advice and hands-on assistance to ensure your financial and tax matters are handled with utmost accuracy and efficiency. Our goal is to help you navigate the complexities of freelancing, from initial setup to ongoing compliance, so you can focus on what you do best. Topics we are going to cover: 1. Business Registration: - Step-by-step guidance on registering your freelance business with the appropriate local, state, and federal authorities. 2. Choosing a tax entity structure: - Sole Proprietorship: Understanding the simplicity and risks associated with operating as a sole proprietor. - LLC (Limited Liability Company): Exploring the benefits of limited liability protection and flexible tax options. - S Corporation: Evaluating the advantages of an S corporation, including potential tax savings and increased credibility. - C Corporation: Assessing when a C corporation might be beneficial for your business. 3. Setting Up Accounting: - Bookkeeping Basics: Introduction to essential bookkeeping practices to maintain accurate financial records. - Accounting Software Setup: Recommendations and setup assistance for user-friendly accounting software tailored to your needs. - Invoicing and Payments: Best practices for creating professional invoices and managing client payments efficiently. - Expense Tracking: Tips for tracking and categorizing expenses to maximize deductions and maintain financial clarity. 4. Tax Consultation - Estimated Taxes: Understanding the importance of estimated tax payments and how to calculate them. - Tax Deductions: Identifying common deductions available to freelancers and strategies to maximize your tax savings. - Tax Filing: Assistance with preparing and filing your federal and state tax returns, ensuring compliance and accuracy. - Self-Employment Tax: Explanation of self-employment tax obligations and how to manage them effectively. - Paying yourself: How you can pay yourself and what tax to expect on your payments

Cancellation Policy

Our goal is to provide you with the best possible service and flexibility for your consultation with us. Here is our cancellation and rescheduling policy: Cancellation: If you need to cancel your appointment, please let us know at least 24 hours in advance. We understand that plans can change, so if you need to cancel, just get in touch with us, and we’ll handle the rest. Rescheduling: If the scheduled time no longer works for you, we can easily reschedule your consultation for a more convenient time. Just give us a call or send us an email to find a new time that fits your schedule. We're committed to making your experience with us as smooth and stress-free as possible. Thank you for your understanding and cooperation!

Contact Details