Flat illustration of an incoming coin splitting into a larger spendable stream and a smaller stream filling a separate sealed jar, representing a freelance tax reserve
Freelance

A Simple Tax Reserve System for Freelancers

The first year I freelanced full-time, I treated every payment that landed in my account as spendable income. It felt like a raise compared to a salaried paycheck, because there was no line item quietly disappearing before it reached me. Then tax season arrived, and I owed an amount that felt like it came out of nowhere, even though, in…

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