As a copywriter, there’s lots of information we need to stay on top of. Some of that we can get by asking clients or fellow copywriters. But a lot of that information? We can find it ourselves. Just like your time is valuable, so is your clients’ time. You certainly want to reach out when you can’t find information that you need to move forward on a project. But you also … [Read more...]
Should Copywriters Collect Sales Tax?
Note: We are not legal experts or tax preparation professionals, so always consult an accountant, tax prep professional, or attorney if you have concerns. This information is aimed at copywriters in the United States. Copywriters in other locations may find this information useful for determining what questions they need to ask and answer based on their country, region, or … [Read more...]
Paying Freelance Writer Taxes Is Easier Than Your Making It
Note: We are not legal experts or tax preparation professionals, so always consult an accountant, tax prep professional, or attorney if you have concerns. This information is aimed at copywriters in the United States. Copywriters in other locations may find this information useful for determining what questions they need to ask and answer based on their country, region, or … [Read more...]
Getting an EIN and Filling Out a W-9
Note: We are not legal experts or tax preparation professionals, so always consult an accountant, tax prep professional, or attorney if you have concerns. This information is aimed at copywriters in the United States. Copywriters in other locations may find this information useful for determining what questions they need to ask and answer based on their city, country, or … [Read more...]
Accounting Tips for New Copywriters
Freelancing has taken the world by storm. Bringing with it flexible work schedules and a healthier work-life balance, it's no surprise that 60 million Americans are doing some form of freelance work. In fact, a Northeastern University study found that 42% of Gen Z want to work for themselves, explaining that they want to chart their own future and have plenty of entrepreneurial … [Read more...]
Copywriter Taxes: Save With These Deductions
Taxes aren’t anyone’s favorite task—and we could probably include accountants in that group! But as a copywriting professional who likely takes on some amount of freelance work, you need to take your taxes seriously. Today, we’re going to talk about what kinds of deductions your copywriting career can net you. Before we dig in any further, let us be clear: we are not tax … [Read more...]
Copywriting Q&A: Planning for Taxes
If you’re moving from on-staff work to freelancing—or even just freelancing on nights and weekends—you’re in for a whole new world of taxation. Here’s what you need to know… Today’s question comes from Meera V., who asks, “Are there any tax implications I should know about when I accept freelance work? Clients don’t withhold taxes, do they?” This is a very astute question. … [Read more...]