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Business Advice
April 12, 2022

Four Common Mistakes to Avoid When Working as a Freelancer

Freelancing is steadily becoming the norm in the business world. And who can blame them? Freelancing is flexible in terms of work location, hours, projects, and clients. But while it has fantastic perks, it’s not all smooth sailing. It takes time, effort, and patience to achieve a regular flow of work, and for most, it's a trial and error process. You can make your journey a tad smoother if you know the mistakes to avoid working as a freelancer.

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Financial Advice
March 24, 2022

How to create and manage a budget for your freelance business

The challenge most freelancers grapple with is managing their freelance earnings. The unpredictable ebb and flow of freelance work makes managing freelance income knotty but even more necessary. You must create and manage a budget for your freelance business to put your financial house in order.

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Business Advice
February 23, 2022

How to choose the right CPA for your business

If you are new to freelancing - or even a seasoned freelancer - taxes can be quite overwhelming. You don’t know exactly how much money you owe, and there’s a risk involved in doing something wrong, which could lead to a fine. And let’s be honest - you probably outsourced some things in your business where you don’t feel confident enough to do them yourselves - so doing that for all things taxes can be the right move. So you can focus on other needle movers in your business. In addition, having a finance tool like Lunafi throughout the year helps make sure you are very prepared to hand everything over to the CPA around tax season.

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Business Advice
February 10, 2022

Freelance Client Management - Why Communication is Key?

Poor communication can lead to significant frustration in your personal life and even impact your relationship with your clients. Hence, it's essential to have good, proper communication and strategically use it to your advantage by standing out from other freelancers in your space. In addition, using communication is vital to define how you can add value to a project. In this blog we break down the stages of client management for freelancers.

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Taxes
January 28, 2022

How to prepare for taxes

The second you earn income, you need to pay taxes. However, when you're self-employed, you need to do a bit more work to get to the point where your tax liability is determined. You need to gather income from various sources, and then you need to keep track of your expenses, which is probably the most laborious part of the task. In order to make tax season less stressful, here are some things we recommend you do.

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Taxes
January 17, 2022

Filing Taxes for Rideshare Drivers

Just like every other employee, drivers for companies like Uber and Lyft are expected to pay taxes. However, it is important to note that rideshare drivers are independent contractors compared to regular employees. It is therefore important to file for your income tax as an independent business owner. In this article, you'll get to know the steps involved in filing for income taxes as you read on.

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