Archive for April 2018

3 Things Independent Contractors Need to Know about Tax Reform

</ifram The U.S. Tax Cuts and Jobs Act, passed at the end of 2017, is the biggest overhaul of the U.S. tax code in more than 20 years. If you’re currently working as an independent professional, here are three things you should know about the new law. 1. Section 199A Section 199A is a new…

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The Weekly Independent: April 16, 2018

Staying on top of your field means staying ahead of the biggest news stories. That’s why each week we bring you The Weekly Independent, a quick-hit digest of news of note from around the web. Both more employers and more employees are turning to gig work, Arkansas Business reports. Key differences between a staffing agency and…

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How to File Taxes as an Independent Contractor: 4 Best Practices to Follow

Taxes can be a tricky road to navigate for self-employed professionals. Employers are required to withhold federal income tax as well as Social Security and Medicare taxes from employee’s payroll checks, but as an independent professional you’re on the hook to do this yourself. IRS Schedule C (Form 1040), Profit or Loss From Business, is…

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10 Marketing Strategies for Independent Contractors

Even the most well-run company with outstanding services doesn’t count for much if people don’t have a way to find out about it. As an independent contractor, marketing your business can be a tough road. You’re working with limited time and resources and competition with bigger companies can be intimidating. But you don’t need a…

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5 Project Planning Tips for Independent Contractors

Working out the details of your contract with a client is a big task to check off your list, but as you get ready to begin your next project there’s still a lot of planning to do. Even if you don’t create a formal project plan, thinking through project risks, responsibilities, and goals can help you stay…

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The Weekly Independent: April 9, 2018

Staying on top of your field means staying ahead of the biggest news stories. That’s why each week we bring you The Weekly Independent, a quick-hit digest of news of note from around the web. USA Today explores how independent contractors can budget for taxes and avoid unexpected bills. Five ways to attract new clients to…

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5 Ways to Attract New Clients to an Established Consulting Business

When you’ve been in the business for years and you’ve developed a strong reputation, it can become easy to grow complacent. Understandably, you appreciate your current clients, you feel comfortable working with them, and you feel secure. But things can change in a minute; clients can go out of business, have a change of leadership,…

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Building Your Network as an Independent Professional

As an independent professional, you do a lot of your work on your own. Being your own boss, setting your own hours, and creating your own goals are just some of the major perks of working independently. But in order to be successful, you can’t do it all on your own—developing a strong network and cultivating…

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