The Holiday Side Hustle: Set Up Your Tax Forms for a Happy Holiday
Freelancing is a great endeavor year round. With so many benefits to freelancing it’s no surprise that more and more people are embracing the lifestyle. A great time of the year to freelance is around the holiday season. Most companies are trying to end the year off strong and kick-off the new year better than ever. With that in mind, most companies need all hands on deck this time of year. Hiring a freelancer to assist their team with the extra work might be in their end of year plan or they are overwhelmed. This means that there are many new opportunities for freelancers during the holiday season.
Some benefits of freelancing include building your portfolio, improving your work/life balance, and to some, the most important advantage is the additional income. These benefits ring true especially during this time of year. Bringing in extra income during the holiday season is a bonus that most people would love to receive.
While it all seems great, there’s some things that all freelancers need to ensure that they’re on top of, at any time of the year, their tax forms. Having your forms in order is crucial because even though a holiday side hustle is terrific, it’s also taxable. you’ll want to make sure that you’re ready when the next big season comes around – Tax Season.
Whether you’re picking up new clients this holiday season, or you’re continuing existing jobs, we want to help you get your forms in order. These forms can include anything from an NDA ( non disclosure agreements) — this would be good to hyperlink too if you found a site with a free one — the cooley go site has them actually. to forms such as W-4, W-9, or I-9. Chances are, you’ll need at least one of these forms, plus we can help you figure out which combination of forms is best for you. We want you to enjoy your holiday side hustle and your tax season. Schedule a demo with SimpleForms today to learn how we can simplify the process and make your paperwork as easy as can be.