I often struggle with keeping track of income, expenses, and ensuring I’m prepared for tax season. Any advice for staying organized and avoiding financial stress?
I often struggle with keeping track of income, expenses, and ensuring I’m prepared for tax season. Any advice for staying organized and avoiding financial stress?
Keeping detailed records is crucial. I maintain a spreadsheet where I log every project’s earnings and related expenses. This helps me stay organized and ensures I don’t miss any deductions when filing taxes.
I use accounting software like QuickBooks to track all my income and expenses. It simplifies everything and makes it easy to generate reports for tax season. I also set aside a percentage of each payment for taxes to avoid any surprises.