Sole Proprietorship vs LLC for Freelancers: Which Is Better?
Quick answer For most new freelancers, starting as a sole proprietor is fine. It’s free, automatic and taxed exactly like […]
Do I Need an EIN as a Sole Proprietor? Pros, Cons and How to Apply
Quick answer Most sole proprietors are not required to have an EIN. If you work alone, have no employees and […]
How Much Should I Set Aside for Taxes as a 1099 Contractor?
Quick answer Set aside 25-30% of every 1099 payment for taxes. For most contractors that covers the 15.3% self-employment tax, […]
How to Become Self-Employed in the US: Step-by-Step Guide (2026)
Introduction Becoming self-employed in the US is simpler than most people think: you don’t need permission from the IRS, and […]