Tax Season Is Open

It was a hard year in 2009, and you worked hard. Get all the money you can. Arm yourself with these resources so you can vanquish your tax filing and drag the big bucks back to your homestead.

R.I.P, UBT. Thanks to our members who helped bring down the unincorporated business tax, the average NYC freelancer will save about $3,000 this year.

Get Help With Your Taxes

Brooklyn Cooperative is offering low–cost tax filing services for the self–employed. (We're talking $50 for most individuals—way cheaper than paying an accountant directly.) With April 15 just around the corner, don't delay—contact them to find out more.

Freelancers Tax Credit – Don't Miss It!

Tax Credit
Regular employees are getting a tax credit through their payrolls—but freelancers qualify, too!

The self-employed, earning under $75,000 can receive up to $400 through the Making Work Pay tax credit. (Joint filers earning less than $150,000 could receive up to $800.)

To get the money you deserve, complete Schedule M.

Facebook

Join the $400 for 1 Page of Homework group on Facebook to spread the word.

Tax Resources for Freelancers

BITV's Tax Tips for Freelancers
Home Office Renters

IRS: www.irs.gov
NY resources: www.ny.gov
Any state: www.sisterstates.com

Goodbye UBT, thank you Freelancers Union members.

Invest, Save, Win. Repeat.

Retirement

Tip: You can still put money in your retirement plan to reduce your 2009 tax liability.

Don't have a plan? Start a nest egg by putting this year's refund in a freelancer 401(k).

Back at the Lodge

Sporting tax–refund enthusiasts share tales from the hunt:
  • advice

    "FICA taxes are Federal taxes for Social Security and Medicare. As a self-employed person receiving a 1099, you actually won't be paying FICA taxes. You will instead be paying self-employment taxes to cover Social Security and Medicare."
    View Discussion

  • advice

    "Hang on to those tax documents at least until the expiration of the statute of limitations for an audit or for you to file a refund claim, should you find an error after filing."
    View Discussion

Big Bucks Club

Don't go it alone: Take fellow members, who also happen to be tax experts, with you. Some even offer discounts.

See all


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