How IT Freelancers Pay Less Taxes
We work hard to earn money and then spend it to improve our way of life. Giving a large portion of that money to someone else, even the government, is unacceptable to many people. Of course we have to pay taxes for the development of infrastructure for ‘us’ only. But that doesn’t mean we can’t save up where possible, legally of course. IT freelancers and contractors are typically paid directly without taxes or other withholdings. This means the IT freelancer has different tax considerations compared to a full-time employee. Here are a few ways how technology freelancers can save [...]