
Working for Yourself
Law & Taxes for Independent Contractors, Freelancers & Gig Workers of All Types
- 544 pages
- English
- PDF
- Available on iOS & Android
Working for Yourself
Law & Taxes for Independent Contractors, Freelancers & Gig Workers of All Types
About this book
The all-in-one legal and tax resource every independent contractor and gig worker needs
Ready to be your own boss? Tired of doing endless internet searches for legal and tax information? Want one easy-to-use and authoritative resource for everything you need to set up and run your business? This book is for you.
Whether you're starting a full-scale consulting business or booking work on the side, Working for Yourself provides all the legal and tax information you need in one place. This excellent, well-organized reference will show you how to:
• decide the best form for your business (sole proprietor, LLC, or other)
• make sure you're paid in full and on time
• pay estimated taxes (and avoid trouble with the IRS)
• take advantage of all available tax deductions
• choose health, property, and other kinds of insurance
• keep accurate records in case you get audited, and
• write legally binding contracts and letter agreements.
This 13th edition of Working for Yourself also covers all the latest legal and tax changes the self-employed need to know about, including new rules for filing 1099 forms to report self-employment income to the IRS, revised limits for depreciation and Section 179 expensing, and how the self-employed can protect themselves from audits by the IRS.
Learn everything you need to know about successfully starting and running your operation—get paid what you're worth, and don't spend it all on taxes.
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Information
Table of contents
- Cover
- Title Page
- Table of Contents
- Welcome to the World of Self-Employment: Introduction to Working for Yourself
- 1. Working for Yourself:The Good, the Bad, and the Ugly
- 2. Choosing the Legal Form for Your Business
- 3. Choosing and Protecting Your Business Name
- 4. Home Alone or Outside Office
- 5. Obtaining Licenses, Permits, and Identification Numbers
- 6. Insuring Your Business and Yourself
- 7. Pricing Your Services and Getting Paid
- 8. Taxes and the Self-Employed
- 9. Reducing Your Income Taxes
- 10. The Bane of Self-Employment Taxes
- 11. Paying Estimated Taxes
- 12. Rules for Salespeople, Drivers, and Clothing Producers
- 13. Taxes for Workers You Hire
- 14. Record Keeping and Accounting Made Easy
- 15. Safeguarding Your Self-Employed Status
- 16. Special Concerns for Gig Workers
- 17. Copyrights, Patents, and Trade Secrets
- 18. Using Written Client Agreements
- 19. Drafting Your Own Client Agreement
- 20. Reviewing a Client’s Agreement
- Appendix: Using the Downloadable Forms on the Nolo Website
- Index
- Book Registration