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Article Category: Self Employed & 1099 Contractors

3 BEST COVID-19 RELIEF OPTIONS FOR FREELANCERS, SELF EMPLOYED, & SMALL BUSINESSES

Posted by & filed under Self Employed & 1099 Contractors.

An outline of the main options and programs for Freelancers, Solopreneurs, and 1099 Contractors who are in need of COVID-19 relief funds:   Paycheck Protection Program Loan SUMMARY: Loan for Payroll and other overhead expenses such as rent for employers and sole proprietors with fewer than 500 employees. All or most of the loan amounts… Read more »

How Much in Taxes Do You Really Pay on 1099 Income?

Posted by & filed under Self Employed & 1099 Contractors.

As more and more people venture into the sphere of independent contracting, the demand for full-time employees, commonly known as “W2” workers, declines. This comes as no surprise given the number of benefits that both sides of the transaction enjoy. The workers, for instance, get to take advantage of unparalleled flexibility, and the employers get… Read more »