If you’re new to the freelancing game or the gig economy, you might not know the lay of the land when it comes to taxes.
Even worse, you might think that you know rules but are completely wrong. Before you put your 1099s together and file your taxes, these are the most important things for you to know.
A brief note about the new Trump tax bill: The tax rate on "pass through" corporations has been lowered, which is even better news for freelancers. In the 21st Century, pass through corporations are no longer for the fabulously wealthy — a full-time Uber driver would benefit from one, as we explain below.