Did you know that the IRS considers influencers, freelancers, and content creators self-employed? What exactly does that mean and most importantly what does that mean for your taxes if you are now receiving 1099 income?
Here's what you need to know if you receive a 1099-NEC for freelancing or any kind of contract work and how it changes your tax situation! This episode explains how taxes work for 1099 NEC recipients and how to deduct expenses to help lower your total taxes.
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