A Taxation Guide for New Freelancers in the USA


April means “tax time” to many people.

Many freelancers and other business owners use various bookkeeping software or accounting services to record business and personal expenses, such as QuickBooks Self Employed.

Others use FreshbooksZipbooks, or any of these alternatives.

My guest today is Samantha Staufenberg and she is going to discuss taxation issues for new freelancers living in the USA.

I’m also going to include an infographic for you, taken from The Freelancer Tax Guide For 2016

Take it away, Samantha! Read More

Start Freelancing to Change Your LIFE! (Featuring a TRUE STORY)

Start Freelancing to Change Your LIFE!

I had no idea when I started freelance writing on the side almost two years ago where it would take both my business and personal life. It’s true, I was looking to it as a way out.

My Way Out

I didn’t have it bad per say at work, I just wasn’t really passionate about what I did all day/week/month/year long as a financial adviser and support person to a large financial planning practice in my area. In fact, I had it pretty good.

I had:

  • A 10-minute drive to work
  • A decent salary (that supported our family of four)
  • Nice co-workers (that were family and treated me as the same)
  • And a whole lotta potential to grow

But it wasn’t what I wanted to be when I grew up.

Even if there was a lot of opportunity for advancement and pay. I had already spent the previous decade figuring that out.

And since I had another 30 working years or so ahead of me, I didn’t want to succumb to something I wasn’t passionate about so early.

So after I became honest with myself, I decided to buck the trend of Corporate America by starting a freelance writing side hustle instead.

And then I added virtual assistant services. And it grew – so much so that I was grossing $4,000 per month WHILE working full-time and having two toddlers at home.

Less than six months after I looked into it in the first place. And I’ve since more than quadrupled that since going full-time. In fact, in November 2015 I grossed over $18,500 from my little freelance business.

How’d I Do It?

It’s simple.

  1. I got started. And I learned a heck of a lot on the fly.
  2. I put myself out there. A lot.
  3. I asked to be hired, rather than waiting for clients to find me. (Because trust me, they won’t!)
  4. Then I started teaching what I learned. (‘Cuz, that’s the best way to start building an audience.)

Gina Horkey E-course cover

I launched 30 Days or Less to Freelance Writing Success. Read More

6 Ways for How to Think and Act like an Entrepreneur

How to think and act like an entrepreneur

So ya wanna be an entrepreneur, huh???

Entrepreneurship is becoming more and more popular, especially with the advent of the digital age.

Nearly anyone can now become an entrepreneur… or an author (a type of entrepreneur). I became one.

I also became an author. I help others become entrepreneurs, too, by coaching or mentoring them, and also by helping them become authors.

Depending upon which type of field you go into, are qualified for, or simply are passionate about, you will need to have basic skills (and be able to hire others for those you don’t have!).

In addition to being passionate, hard-working, and dedidacated (as well as perhaps have some accounting or book-keeping skills), you will also need to change your mindset, and understand a few other things about entrepreneurship.

My guest today is Katherine Brunt from Assignment Box, and she is going to go into detail about 6 things you need to consider when it comes to entrepreneurship. Be sure to respond to the question at the end!

Take it away, Katherine!

The Importance of an Entrepreneurial Mindset

In order to become an agile and influential entrepreneur, every day should be perceived as an opportunity, one in which any new or innovative thing could be done or planned. This is one of the most desirable aspects of an entrepreneurship, and through which mission statements and strategic visions could be formulated. Read More

2014: A Year to Remember #yearinreview

2014 Was A Year To Remember

No doubt about it. 2014 was a year to remember.

I learned and accomplished a lot in 2014. But there were a few bad things I endured, too, which I’ll share with you today.

I’ll also let you know what’s coming up in 2015, for Wording Well, for you, and for me. Read More