Freelance Taxes: What You Need to Know

How to pay freelance taxes, what are quarterly taxes, and why are freelance taxes so different? Those might be questions you have as you start your freelance career, and today I'm answering them! Visit http://hellofound.co/ to make paying your freelance taxes easier AND to help support the channel! This video was proudly made in collaboration with Indie, but opinions are all my own. FREE social media manager starter kit: http://bit.ly/thesmmstarterkit JOIN the Freelance Friday Club for one-on-one support, group chats, and monthly masterclasses: http://freelancefriday.club/ ✖ WORK WITH ME » 1:1 Coaching https://latashajames.com/coaching/?ut... » Social Media and Influencer Marketing Courses https://ajourneyeast.thinkific.com/?u... » My Marketing Business https://www.jamesandpark.com/?utm_sou... ✖ LET'S KEEP IN TOUCH » podcast: the freelance friday podcast http://bit.ly/freelancefridaypodcast » instagram: @thelatashajames   / thelatashajames   » twitter: @thelatashajames   / thelatashajames   » facebook group: the freelance friday podcast community   / microinfluencermarketing   » business email: [email protected] SUBSCRIBE for weekly videos on life as a social media manager, entrepreneurship tips, Detroit lifestyle, and travel: https://goo.gl/3Klxj9 ✖ DISCOUNT CODES » TubeBuddy is a must-have service for YouTubers: http://tubebuddy.com/latasha » Monetize your product links with Skimlinks: http://go.skimlinks.com/?id=67873X151... ☽ Thanks to indie.app for sponsoring today's video! All opinions are my own. TIMESTAMPS 0:00 Welcome and Disclaimer 0:56 Introducing Indie 2:20 Freelance taxes explained 3:30 Why pay taxes? 5:33 Quarterly taxes explained 6:12 Knowing what you owe 8:13 Business bank accounts 9:09 Business expenses 12:01 Examples of business expenses 13:01 Travel expenses 15:21 Equipment, services, labor 17:08 Tax mistakes 17:37 City and state taxes 20:37 Wrap up #SocialMediaManager #Freelancer #Entrepreneur