Effective Financial Strategies for Self-Employed Individuals
Success requires developing comprehensive strategies that address irregular income, tax obligations, retirement planning, and long-term wealth building. The self-employed who master these financial fundamentals can achieve greater financial security and independence than their traditionally employed counterparts.
Tax Planning for the Self-Employed
Being self-employed comes with the freedom to run your own business, but it also means navigating a more complex tax landscape. Without an employer handling tax withholdings, it's up to you to manage your tax obligations efficiently. The good news? There are plenty of deductions and strategies available to reduce your taxable income and keep more of your hard-earned money.