As I was getting ready for tax season in February, I shared some stats and tips on keeping cool during these seemingly stressful months. I’ve found that if you’re organized and informed, doing your taxes can be a breeze!
When it comes to personal income taxes, people typically fit into two categories. Either you are a salaried employee or you’re a self-employed freelancer/entrepreneur. However, like myself, many of us are a hybrid of the two – that means you’ve got a full-time gig and earning income from your ‘passion project’.
When you’re a hybrid freelancer, what does this mean when it comes to filing your taxes and what may you need to be aware of?