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What Are Your Tips for Managing Finances and Taxes as a Freelancer on Efrelance?

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Posts: 4
Topic starter
(@bella)
Active Member
Joined: 5 months ago

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?

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Posts: 4
(@vivian)
Active Member
Joined: 5 months ago

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.

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Posts: 4
(@ninja)
Active Member
Joined: 5 months ago

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.

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