Taxes can be confusing even if you have a single W-2 job, and things get more complicated when you’re a freelancer. Luckily, there are resources you can take advantage of to make sure you’re doing your taxes right or even have someone do them for you—all for the attractive price of free. Here are some of the ones available for freelancers who live in Minnesota.
SCORE Twin Cities is, to use its own words, “part of the national nonprofit SCORE Association providing entrepreneurial education allowing start-up, growth, and success of the nation’s small business communities.” It offers business mentoring, helpful articles and other resources, and both live and on-demand workshops, webinars, and other educational events. Topics include taxes, accounting, business plans, and more, and it’s all free.
This nonprofit provides a variety of articles and outside resources for freelancers, including information on taxes. The Freelancers Union blog frequently covers timely topics, such as how the latest COVID-19 relief bill or your PPP loan will affect your taxes and what to know about the new Form 1099 being introduced for 2020.
This is the Internal Revenue Service’s hub for self-employed tax filers. Find links to necessary forms, helpful publications, FAQs, important dates, and more. If you’re not sure whether you need to make quarterly tax payments or what the requirements are for deducting expenses related to your home office, you can get the answers straight from the source.