You might think semi-monthly pay is the same as biweekly pay and both are 2x a month. However, there are some important differences and variables to consider.

Is inventory an asset or liability? Generally, inventory is considered an asset. To fully understand the relationship between assets, liabilities and equity, we’ll explore the balance sheet in detail.

What is the meaning of retail price? Why are there multiple prices? Let’s explore a business supply chain and how prices change throughout the stages.

Being a freelance illustrator is just one of many possible avenues in the gig economy. In this article, we explore what it means for be a freelance illustrator and how to get started.

Freelance writing can be a lucrative career—if you’ve got the skills to sell your writing specialty and the discipline to grow your practice.

Can you get a tax refund with a 1099? Generally if you freelance full-time, no. Freelancers don’t withhold their taxes, so it’s likely you owe taxes.

A 1099 job is something freelancers are familiar with. As contractors, we don’t get a W2 or regular paychecks, so we live and die by our 1099s.

A “consulting contractor” sounds confusing, but generally it just means a consultant that’s operating as a contractor versus a full-time consultant working for a firm.

If you have an LLC as a freelancer, should you get a 1099? Generally, 1099s can and are sent to LLCs. The 1099 form is not exclusive to individuals, but can be addressed to an entity as well.

It’s pretty confusing to see two types of 1099 forms. NEC vs MISC? Which one is right? Starting in 2020, the NEC is the 1099 form mostly use for freelancing income.

It might seem impossible to report income without a 1099, but as long as you have accurate records and have the proper setup, your bookkeeping software can help you automate most of the work.

You may have heard of “write offs” and wondered what people meant? They’re actually synonymous with: deductions, expenses, tax deductions, etc. and are an effective way to lower your tax liability as a freelancer/business owner!

Instacart taxes can seem complicated for those just starting out. Fret not! We’re here to help you understand all the details.

Don’t let paperwork confuse you! In this article, we will explore the W9 form vs the 1099 form and what it means for you as a freelancer

When it comes to self employed proof of income, it can be a very confusing and difficult process. We're here to outline some documents and methods you can use.

Contingent workers are a crucial part of today’s labor force. Let’s explore what it means to be a contingent worker and some of the benefits.

Sole proprietorship can come with major freedoms, but also stress and pressure. Let’s explore some formal topics around creating a sole proprietorship

When you’re just entering the freelancing world, it’s easy to get confused with all the new tax forms. You’re use to receiving a W2 as an employee, but everything changes as a freelancer.

The 2022 mileage rate is an important number to keep in mind if you conduct any driving as a freelancer. This includes Uber/Lyft, Instacart and DoorDash drivers.