How to Start a Freelance Business When You’re Broke

Are you a broke mom, frantically searching for legitimate ways to earn money online? Learn how to start a freelance writing business (and grow it) without any money to spare.

If you’re struggling financially today, I want you to know that I understand! I know how it feels to be so broke you can’t just “give up your daily latte” to save money to make a purchase you want.

And I know it can get better. You are not stuck in broke mode forever. You can pull yourself out. I’ve done it and so can you.

Freelance writing changed my life! Four years after starting, we became completely debt free and I officially replaced my teacher salary – without having to spend anything on daycare, or putting in 8 hours a day.

Being broke isn’t fun! When I left the classroom a few years ago, our income took a massive cut.

Well below the poverty line, we struggled to make ends meet. We slashed our expenses and watched ever penny. It was hard!

We knew something had to change, but I didn’t want to go back to teaching because day care for our large family would eat up my entire pay check. Literally.

Since working outside the home wasn’t a viable option, so I started looking into ways to earn money from home, praying that the Lord would help me avoid scams and find something legit.

And not long after, He answered!

Freelance Writing

I stumbled upon a post written by Gina Horkey, and learned that people were getting paid to write content for the web.

I’d been blogging for fun over on my Maggie’s Milk blog, so the wheels in my brain started turning. Could I really earn money writing online?

I started reading all the free material on freelancing that I could. After scouring the job boards, I sent my first pitch within a couple of days.

I got the gig!

It didn’t pay well (only $20), but that money made me realize that I could do this. I could help our household financially, without having to give up on homeschooling or put the kids in daycare.

That first gig back in 2015 was my first baby step into the world of freelance writing. And the money has been coming in ever since. And not just in $20 increments…

If you’re ready to work hard to improve your family’s situation, keep reading.

I dish out all the steps I took to launch my freelance business, without spending any of our household budget.

Are you ready? Let’s get started!

1. Decide to Act

Until you decide that it’s time to actually start your freelance business, no amount of reading, learning, or thinking will count.

You can take course after course and never actually earn any money if you don’t implement anything. You have to do something!

Make a proclamation that you are going to do this. Commit to spend time each day growing your business.

Because if you don’t decide to act, you’ll probably still be broke a few months down the road.

Action truly is key to getting this done. Stop planning. Don’t wait until you “know everything.” Actually do something.

2. Start Small

Do you know what I had for my business when I launched?

A cheap laptop computer, really slow satellite internet, and a freebie blog over on Blogger.

I didn’t have a dedicated freelance website, or money to start one.

Freelance writing courses were on my “someday” list, but I couldn’t afford to purchase any at the time. There was literally no money for that.

And it could have been the excuse I used to never get started. But I decided not to. I just started with what I had.

There is nothing wrong with starting small. 

You don’t need a lot to make it as a freelance writer. Too often, I hear excuses like these:

  • “I don’t have a website.”
  • “No one knows who I am.”
  • “I don’t know where to go to look for gigs.”

You know what? I didn’t either! My online presence (other than my freebie blog) was extremely limited. I didn’t even have a personal Facebook profile or other social media presence prior to launching!

And while perhaps my progress has been slower compared to others who started with more, I didn’t take time to stop and make comparisons.

I started small, with what I had, leveraging my skills.

So once you’ve decided to start a business, take stock of what you have. That’s all you need to get started.

No internet? Go someplace with Wi-Fi.

No computer? Our library has several, and I live in the middle of nowhere, so I’m pretty sure yours will too.

Stop making excuses and find a way to make it happen. It will be hard. But, it will get easier if you keep taking these steps.

3. Start Pitching & Build Your Portfolio

Remember how I said my first paid gig was for $20. That was for a 1200 word post.

Today, I charge at least $120 for the same length. Big difference.

But, when I was first starting I didn’t have the luxury of being picky. I needed money and samples.

So if you’re broke and just starting out, take what you can. Remember you won’t be at that rate forever!

Start getting your name out there, and pitch away!

No matter what you are being paid, always do your best work! Seriously, I don’t care if you’re getting less than a penny a word. If you agreed to write a post for a rate, do it to the very best of your ability.

Wondering where to pitch? Check out these ideas:

Craigslist – the “Gigs” section. Check the big cities (New York, LA, etc.)

ProBlogger Job Board (free, and where I found my first gig!)

You can also create an account on a site like Hubstaff Talent and look for clients who may be a good fit.

Also, here’s a more in-depth post on how to find freelance writing gigs.

Worried about being scammed?

There are scams out there, hiding as legitimate freelance writing gigs. Most are very obvious. Others are more carefully constructed.

The good news? There are almost always red flags. I wrote a post warning you what to look for:

Read this: Red Flags for Freelance Writing Gigs

How to Write a Freelance Writing Pitch

The goal of a freelance writing pitch is to briefly explain why you’re the best person to create the content the company is looking for. You need to show that you’re knowledgeable about the content area, and able to write well.

Here is a sample pitch template you can use. You’ll notice it’s short. Hiring managers get tons of responses. Be kind to them by succinctly sharing the info they need and don’t bog them down with details.

Hi [insert the name of the editor – AN ACTUAL NAME (you may need to research],

Your ad/posting on [site where you learned about it] caught my eye. I’m a freelance writer who knows a lot about [topic/niche.]  I’m also [share two quick reasons you’d be a great fit, using the language/word choice from the ad].

To help you make your hiring decision, here’s a bit more information about myself:

  • [two bullet points sharing quick connections between your education/background/experience and the role]
  • [one connection to the company – i.e. a shared value or mission]
  • [Link to your portfolio]

Please let me know if you need any additional information. I’m looking forward to working with you.

Sincerely,

[Your Name]

How to Build Your Freelance Writing Portfolio

When you’re just start your freelance writing business, you probably don’t have a lot of samples created that you can use to build a portfolio. That means sample writing must be high on your prioritized to-do list.

Here are three quick ideas for how to get published samples:

  • Write a guest post for a blogger in the niche you’re hoping to write for
  • Start a free blog (better than nothing and you can move later)
  • Write on Medium (or a similar platform)

Once you have live samples, you need to collect the links in a sharable format. If you don’t have a website of your own yet, you can:

  • Make a shareable Google Doc
  • Create a Pinterest board and save all of your posts to it (this means you’ll need to create a pinnable image for each post, but you can do that for free on Canva or something similar)
  • Build a portfolio on a platform like Contently

Right now, don’t worry about making your portfolio “perfect.” You want it sharable and you want each link to lead to a great piece of writing. That’s it.

You can (and should) update it later.

4. Reinvest in Your Business

Look, I know how tempting it is to go spend that money you just earned. You’re broke, and really could use the money on X,Y, or Z.

But you can’t.

At least, not right now.

First, you have to invest in your business. Otherwise you’ll be stuck writing $20 posts forever. And no one wants to be there.

So save all of your money (at first!)

When you’ve saved enough, take an entry-level course to learn even more. My first freelancing investment was 30 Days or Less to Freelance Writing Success (aff. link).

The course helped me learn:

  • How to improve my pitch
  • Ways to leverage my past experience and education as a freelancer
  • Confidence in my ability
  • And loads more

I’ve never regretted investing in this course, and have easily made back WAY more than I spent.

But until you’re there, don’t give up on improving yourself.

Keep reading all the free material you can. Subscribe to helpful blogs and read about areas you’re struggling with.

Remember to implement what you’re learning too! Keep saving, and then you’ll be able to take a course.

The course I took gave me the confidence I needed to pitch more. I landed a higher paying job on Craigslist in the education niche, which was perfect with my teaching background.

I took that money, and bought my domain and hosting. This website was born in September of 2015, just a few months after starting my business.

It really does take some money to grow your business, but you don’t have to have that money all at once. So keep working on your savings and you will get there!

5. Slowly Scale Back on What You Save

Once I had more knowledge and a functioning website (it doesn’t have to be perfect!), it was time to start taking some of my business income and applying it to the household budget.

Being able to actually do something with this money was motivating.

When you’re saving everything to get your site up, or purchase a course, it’s really hard. The tangible benefit isn’t there to the same extent.

My first step back was to save 50% of my income for my business and pour 50% of it into the household budget.

After investing in a few more essentials, I reduced that percentage to 25%. But, I ended up spending the money I saved for taxes (oops!) so I’m back up to 35%.

Note: You really do need a budget for your business!

6. Watch for Amazing Deals

I’ve learned the hard way that you really do have to invest in your business to keep growing. So now I’m always watching for amazing deals that align with my freelance writing goals.

I’ve subscribed to several “waiting lists” to be notified of any flash sales for courses I particularly want to take.

Pay attention to the amazing bundle deals that become available, and sign up to be notified. Then tuck some funds away so when they appear you can make the purchase guilt-free.

Watch for Black Friday sales. Often companies will have Anniversary sales as well.

If you find something you want, have patience and try to get it at the lowest price possible.

7. Make Time to Grow Your Freelance Writing Business

Wondering how you’ll make time to grow a freelance writing business from home? You’ll have to make it a priority.

And you need to do it as a team. Your family won’t understand why you’re suddenly spending more time on the computer unless you tell them. So get your family onboard!

8. Continue Pitching to Avoid Freelance Famine

Once you’ve landed a client or two, it can be easy to forget to pitch. After all, you’ve got more client work to keep you busy.

But, eventually that gig might dry up. Then you’ll be left without that income.

So make pitching a permanent part of your game plan, at least for the foreseeable future. Otherwise, you’ll be right back to where you started with no money.

Pitch even if you are busy. Not every pitch will land a client, but it will help you gain confidence. And some of them will give you work!

Freelance famine is a roller coaster cycle you don’t want to get started with!

There are so many ways to find time, even if it means getting a bit creative.

You can do a lot with a part-time freelance business, so don’t let a lack of 40 hours a week stop you8. Continue Pitching to Avoid Freelance Famine

Once you’ve landed a client or two, it can be easy to forget to pitch. After all, you’ve got more client work to keep you busy.

But, eventually that gig might dry up. Then you’ll be left without that income.

So make pitching a permanent part of your game plan, at least for the foreseeable future. Otherwise, you’ll be right back to where you started with no money.

Pitch even if you are busy. Not every pitch will land a client, but it will help you gain confidence. And some of them will give you work!

Freelance famine is a roller coaster cycle you don’t want to get started with!

9. Make Connections

Do you know where most of my leads come from now?

From other freelancers.

That’s part of the reason I love the mastermind group I was a part of for a couple of years. I’ve also gotten leads from different Facebook groups.

Take time to make connections and build genuine relationships. Give more than you take, and be willing to help others. You won’t regret it. Or at least, I haven’t!

Other freelancers are not your enemy! Learn all you can from them and help them out too. Be genuine and patient!

Here’s a post giving you ideas on how to network with others, even as a busy mom without much time.

10. Be Willing to Try Something New

I never planned on being a virtual assistant when I launched my freelance writing business.

But, the door opened and I walked through it. Now I have a couple of VA clients, and I personally love the variety!

I also didn’t plan on this website turning into a monetized blog. But, that just made sense as a logical step on my online business journey.

So as you’re working, don’t get so focused on what you’re doing that you completely miss a good opportunity. Say yes to new things when you can, because you never know where they’ll lead.

Don’t be afraid to pivot if it makes sense.

On the other hand, don’t get so focused on chasing the next “new thing” that you forget about what is currently working. There’s a balance. You’ll have to figure out what that looks like for you.

11. Don’t Give Up

Bootstrapping your freelance business is challenging. But, it’s also rewarding, and can help you move past broke.

Don’t give up when things get tough. You can do this!

Take time to think about your why. Why did you start a business in the first place? When you think about your why, it’s motivating.

Here’s more inspiration when you’re feeling like you’re ready to quit:

What to Do When You’re Ready to Quit Your Online Business

How to Start a Freelance Writing Business: Recap

Starting a freelance writing business doesn’t require a lot of capital. In fact, if you already have a computer and internet access, you can get started today.

Remember to save your money, and invest it back into yourself. Watch for deals so you can still save money while investing! 😀

Be willing to work for less at first, because you won’t be at that rate forever.

Find a community and get involved.

And when you’re ready to take an awesome course on freelance writing, I highly recommend Gina’s 30 Days or Less to Freelance Writing Success!

By: Lisa Turner

Lisa Tanner loves helping busy moms find time to grow their own business. As a homeschooling mom to nine, she knows a thing or two about balancing diapers and deadlines.

Source: How to Start a Freelance Business When You’re Broke – Lisa Tanner Writing

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Related Contents:

Why Tax Refunds Are Taking Longer Than Usual

Tax refunds typically arrive within 21 days of when you file your individual tax return. One reason it may take longer: if you made a mistake calculating your recovery rebate credit.

Wondering where your tax refund is? In its Covid-19 operations update, the Internal Revenue Service has added an explanation for why in many cases it’s taking longer than the typical 21 days to process tax refunds for individual taxpayers. We’re talking about tax returns filed for the 2020 tax year during the 2021 tax season that opened in February and runs through May 17.

May 17? That’s right. 2020 individual tax returns are due on Monday, May 17—instead of the typical April 15th due date. The delayed due date is because of the many ways the coronavirus pandemic has upended people’s lives and their tax pictures. Note: Quarterly estimated taxes for the 2021 tax year are still due on April 15th, 2021.

As of April 2, the IRS had received 93.2 million returns, had processed 83.7 million returns, and had issued 62.3 million tax refunds, averaging $2,893 each, according to the latest 2021 filing season statistics.

So why are refunds taking longer than usual? For one thing, the IRS is still wading through the backlog of prior year tax returns. As of March 26, there were 2 million individual tax returns received prior to 2021 in the pipeline. That’s down from 2.6 million as of March 5.

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IRS Tax Return 2021: When You Will Get Your Tax Refund 2021? Where is Your Tax Refund 2021? How to Track Your Refund IRS My Refund Status. Tax Refund Dates. Updated New Deadline. IRS Where is My Refund? : https://www.irs.gov/refunds IRS Get Refund Status – https://sa.www4.irs.gov/irfof/lang/en… VITA – https://irs.treasury.gov/freetaxprep/ California covers topics like: Stimulus Checks, Medicare, Food Stamps (SNAP), Social Security, Unemployment, Rental Assistance , Health Insurance, Tax updates, Student Loan Forgiveness, and Paycheck Protection Program. These stimulus packages come from bills like the CARES act, the recent government spending bill, and potential plans like the American Relief plan, that is being proposed by President Biden. We hope that you find our videos helpful, useful and interesting.

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There are two other main reasons 2020 returns are stuck in the unprocessed pile. For taxpayers who used their 2019 income to figure the Earned Income Tax Credit and/the Advance Child Tax Credit, an IRS employee has to validate the return. The second reason is many returns are requiring a correction to the Recovery Rebate Credit amount claimed on the return.

Neither of these two cases requires the IRS to correspond with taxpayers, but the “special handling” means that it’s taking the IRS more than 21 days to issue any related refund. If a correction is made on the return, the IRS will send an explanation letter.

The IRS has a whole Q&A page set up for questions related to 2020 Recovery Rebate Credit corrections after 2020 tax returns are filed. Taxpayers who were eligible but didn’t get the Round 1 or Round 2 stimulus payments (from the March 2020 CARES Act and the year-end 2020 spending package) could claim those payments on their 2020 tax return as a recovery rebate credit.

If you were eligible for the recovery rebate credit but didn’t claim it, you need to file an amended return. If you entered an incorrect amount for the credit on your return, you should NOT file an amended return, the IRS says. The IRS will calculate the correct amount, make the correction to your tax return, and continue processing it.

Some of the reasons the IRS is changing credit amounts include: the taxpayer was claimed as a dependent on another taxpayer’s return, there was an issue with Social Security numbers or taxpayer identification numbers, a child exceeds the age limit (17), or your adjusted gross income was too high.

For the quickest refund, e-file your return and choose direct deposit. To check the status of your refund, use the IRS Where’s My Refund? tool.

Further reading:

Plus-Up Stimulus Payments Start Arriving In Taxpayer Bank Accounts

Tax Refund Scammers Target College Students

Follow me on Twitter or LinkedIn.

I cover personal finance, with a focus on retirement planning, trusts and estates strategies, and taxwise charitable giving. I’ve written for Forbes since 1997. Follow me on Twitter: @ashleaebeling and contact me by email: ashleaebeling — at — gmail — dot — com

Source: Why Tax Refunds Are Taking Longer Than Usual

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[…] option to pay your 2021 first quarter estimated tax is to apply some or all of your 2020 tax refund […]
0
Richard Marmon-Halm CPA PC – Reminder: First Quarter Estimated Taxes Now Due
tips.resourcesforclients.com – April 9
[…] option to pay your 2021 first quarter estimated tax is to apply some or all of your 2020 tax refund […]
1
An important stimulus check update you need to read right now –
bgr.com – April 9
[…] The rebate will come to you in the form of a tax refund, unless you end up owing money […]
1
SNYDER & COMPANY, PA, CPA’S – Reminder: First Quarter Estimated Taxes Now Due
tips.resourcesforclients.com – April 9
[…] option to pay your 2021 first quarter estimated tax is to apply some or all of your 2020 tax refund […]
0
Hagerstown, MD | Newsletter Page | Saunders Tax & Accounting, Inc.
saunderstax.com – April 9
[…] For those taxpayers who received their tax refund by mail, this paper check will look similar but referenced as an “Economic Impact Payment” in th […]
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5 Tips to Get Out of Debt Faster
londonaccountants.co – April 9
[…] “Found money” could be an annual salary increase, a bonus or commission, an inheritance, or maybe a tax refund […]
2
What is a 529 College Savings Plan? – Next Steps Idaho
nextsteps.idaho.gov – April 9
[…] You can even opt to direct deposit your Idaho Tax refund into your IDeal account if you wanted […]
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Should You Refinance Your Mortgage to Build Equity Faster? — RISMedia |
rismedia.com – April 9
[…] make 13 payments per year instead of 12 or pay a lump sum when you receive a gift, bonus or income tax refund […]
1
You might have missing stimulus money. This tax credit can help you claim it – mlive.com
[…] If you’re scheduled to receive a tax refund, that additional money would be added to the refund […] here’s why When Social Security recipients should expect third stimulus check Waiting for your tax refund? Here’s how to track the status of your payment
15
How to deal with phishing in Outlook.com – Outlook
support.microsoft.com – April 9
[…] “Click on this link to get your tax refund!” A document that appears to come from a friend, bank, or other reputable organizations […]
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How to claim tax back if you work from home
citizen.co.za – April 9
[…] Calculating your tax refund sounds complicated, but you can use the TaxTim home office expense calculator to help you calculate […]
5
How to Make Empathy Good for Business | By Gustavo Razzetti
fearlessculture.design – April 9
[…] Most of their US customers would be receiving less money in their 2018 tax refund (8% less on average) […]
1
Smart Uses for Your Tax Refund – State Farm®
[…] If you’ve gotten behind in your savings, your tax refund might help you catch up […]
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Can Your Small Business Get a Tax Refund | CFO Source
Can Your Small Business Get a Tax Refund Tax structures and brackets can be extremely difficult to understand, but as a small business owner […] wanted to take some time today to talk about the different ways your small business can receive a tax refund. What Type of Business do You Own? One of the factors that affects your tax refund the most is what kind of “business entity” was chosen when the company was established […] If you have questions about your business or your tax refund, give us a call […]
1
More than $1,400 stimulus checks: New health care, HSA, insurance and COBRA savings – You Infiniity
[…] qualifies for the expanded child tax credit, and 7 other ways you could get more money back on your tax refund this year […]
0
How Can Your Stimulus Check or Tax Refund Help You Buy Your Dream Home? – Greenway Mortgage Blog
greenwaymortgage.com – April 9
[…] Here are ways the extra cash from your stimulus check or tax refund can help with a home purchase: Enhance or establish a down payment fund […]
10
Renegotiating Social Risks in the People’s Republic of China and …: Ingenta Connect
[…] 00 + tax (Refund Policy) Pressing the buy now button more than once may result in multiple purchases Authors […]
0
Emergency Fund Definition
[…] When you get your tax refund, save it. The tendency for most of us is to consider a tax refund as extra cash, which consumers may be tempted to use for discretionary purchases […] Instead of spending the tax refund, save it as a contribution toward your emergency fund […]
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SyCipLaw Tax Issues And Practical Solutions (TIPS) International Edition – March 31, 2021 – Tax – Philippines
[…] like to prove the actual existence of export sales subject to zero percent (0%) VAT; otherwise, the tax refund or credit claim would be denied […] and articles of foreign association/ certificates of incorporation of the NRFC; otherwise, the tax refund or credit claim attributable to zero-rated sales would be denied […]
0
How to use your tax refund to build your emergency funds
[…] Make the most of your tax refund Watch this video for two ways you and your family can make the most of your tax refund. This guide will cover the following topics: Why save your tax refund Your tax refund may be one of the biggest checks you receive all year. If you’re getting a tax refund, consider saving some or all of it […]
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Get started with myGov and ATO online services | Australian Taxation Office
[…] These options are: Bank account details Use either a bank account: where you receive your income tax refund that has earned interest in the last two years […]
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VITA – United Way of Tucson and Southern Arizona
[…] 2021 Tax Season Information No one should have to pay to file their taxes or receive their full tax refund […]
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Changes to branch services | Santander Bank
[…] will receive their payment as direct deposit into the account that was most recently used for a tax refund or for social security payments […]
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Dividing between ‘us’…the Dutch populist radical right: Ingenta Connect Fast Track Article
[…] 00 + tax (Refund Policy) Pressing the buy now button more than once may result in multiple purchases Authors: Fiers, […]
0
Head-To-Head Analysis: Republic Bancorp (NASDAQ:RBCAA) and Truxton (OTCMKTS:TRUX)
[…] It operates in five segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions […] In addition, it provides short-term and revolving credit facilities to mortgage bankers; tax refund solutions, which facilitate the receipt and payment of federal and state tax refund products through third-party tax preparers and tax-preparation software providers; and genera […]
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What’s Hot | Internal Revenue Service
http://www.irs.gov – April 9
[…] The fastest way to get your tax refund is to file electronically and have it direct deposited – contactless and free – into your financial […]
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Member Benefits at Community Powered Federal Credit Union
[…] Tax Software Get Your Maximum Refund and Special Savings on TurboTax® Getting your biggest possible tax refund has never been easier […]
2
Planet Delivers 100% Digital Tax Free Shopping Solution With OutSystems | OutSystems
[…] authorities, and banks to provide tourists a frictionless shopping experience with a 100% digital tax refund system […] “Making the tax refund process super-fast and easy ensures tourists have a fantastic payment and shopping experience […] The UAE Government wanted to introduce a completely digital, cutting-edge tax refund solution that would be hassle-free for shoppers, easier for merchants, and ultra-efficient for th […]
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Privacy Act of 1974; System of Records
[…] not entitled to such services, by the withholding of al or portion of the person’s Federal income tax refund […] disclosure is to collect a debt owed the VA by an individual by offset of his or her Federal income tax refund […] not entitled to such services, by the withholding of al or portion of the person’s Federal income tax refund […]
0
Humans can identify cats’ affective states from subtle facial exp…: Ingenta Connect
[…] 00 + tax (Refund Policy) Pressing the buy now button more than once may result in multiple purchases Authors […]
0
In Your Interest Newsletter
ringlerinyourinterest.com – April 9
[…] Whether it’s winning the lottery or receiving a big inheritance, a bonus, a tax refund or an injury settlement, here are three tips from the experts: 1) Keep the Details Confidentia […]
0
Make the Most of Your Tax Refund
[…] If you’ve filed your taxes and received a tax refund from the IRS, you’re probably wondering what to do next […] Here are four ways you can make your tax refund work toward your financial goals […] Whether you have high-interest credit card debt or are paying off your student loans, putting your tax refund toward those balances can get you a little, or a lot, closer to being completely debt-free […]
0
How you can get the most from your RRSP contributions
[…] Borrowing your RRSP contribution doesn’t have to be costly and you can use any tax refund to help pay down your RRSP loan […]
2
Becoming-unhinged: Walking with vulnerability as a methodology of…: Ingenta Connect
[…] 00 + tax (Refund Policy) Pressing the buy now button more than once may result in multiple purchases Authors […]
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(⚡PDF BOOK❤) J.K. Lasser’s 1001 Deductions and Tax Breaks 2021Your Co…
[…] Lasser’s 1001 Deductions and Tax Breaks 2021 will show you easy ways to increase your tax refund and decrease your tax payable on you 2020 return and plan for additional tax savings in 2021 […]
0
The 7 Best Tax Preparation Software Programs for 2021
[…] The site also has a helpful Tax Refund calculator, which you’ll find under the Support & Tax Tools link at the top of the page […]
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Sober IRS Warnings On Tax Crimes Before Filing Your Taxes
[…] More than 480 fraudulent tax refund checks totaling almost $2 million were deposited into Williamson’s account […]
0
Why Tax Refunds Are Taking Longer Than Usual
Wondering where your tax refund is? In its Covid-19 operations update, the Internal Revenue Service has added an explanation fo […] Further reading: Plus-Up Stimulus Payments Start Arriving In Taxpayer Bank Accounts Tax Refund Scammers Target College Students
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Online Tax Refunds – HMRC Authorised Agent – Reclaim money owed to you, quickly and easily
[…] READ MORE TAX REFUND CALCULATOR MAKE A CIS CLAIM MAKE A PAYE CLAIM Tax Refunds for Construction Workers Working in th […] How long does it take to receive a CIS tax refund? Once your tax return is submitted, it usually takes between one and eight weeks to get your refund […]    Payment is deducted from your tax refund and the remainder is sent to you […]
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Military Tax Resource Center | Preparing and Filing Your Return
[…] pay, housing and rentals, and multistate filings – and to increase your chances of getting a tax refund […]
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Late Tax Refund 2018 – What to mail to IRS? : personalfinance
Hey sorry if this is the wrong spot, my searches for late refunds mostly brought up posts from this sub.Anyway, here’s my situation: I filed my tax ……
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City Wide Mortgage Services | Contribute To Your RRSP, Get Tax Refund & Still Use Money For Downpayment
citywidemortgage.ca – April 9
[…] Both clients wanted to make the RRSP contribution, get the tax refund but still wanted to buy a new home […] So go ahead and make that RRSP contribution for this year’s tax refund, start shopping for that new home! But remember to not complete on the deal for at least 89 day […]
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More Accellion Health Data Breaches Revealed – HealthcareInfoSecurity
[…] data ideal for committing the worst kinds of identity theft, such as new financial account fraud, tax refund fraud,” he points out […]
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Support the VOICE when you file your taxes!
mailchi.mp – April 9
Now you can use your Colorado Tax Refund to support the Denver VOICE! Last year, Colorado returned more than $1 billion in refunds to 1 […] extended the tax filing date from April 15 to May 17, and if you receive a Colorado state income tax refund, you will have a chance to donate all or some of it to a cause you care about […] The ReFund CO  program lets you give some or all of your Colorado income tax refund to support economic, educational, and empowerment opportunities for the impoverished community […] The program puts you in charge of where your tax refund goes […]
0
Everything You Need To Know About The 2021 Tax Deadlines –
[…] now have more time to contribute to an individual retirement account (IRA), or to request a 2017 tax refund […]     The Last Day to Request a 2017 Tax Refund is May 17  If you have yet to file your 2017 tax return and expect to receive a tax refund, you’ve been gifted a little more time […]
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Kinwarton Dovecote
[…] 00 Tax refund from Government* £2 […]
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Posthaste: ‘Seismic shift’ coming to Canada’s oil and gas industry could wipe out 450,000 jobs, economists warn | Financial Post
financialpost.com – April 9
[…] So if you’re owed a tax refund this year, and want to get it as soon as possible, our content partner MoneyWise can help wit […]

Employee or Freelancer Which One Do I Need

You need help, but you’re trying to figure out whether it can be on a contract basis or whether you need to payroll someone. This question comes up a lot and it has important implications for working relationships. Do you need an arrangement with a contractor or do you need to hire a regular employee? With millions of freelancers in the U.S. alone, you have your pick of qualified candidates. Take a step back and do some homework to figure out whether you truly need an employee or an independent contractor.

When you have an employee on payroll, you’re in control of what the working relationship and schedule look like. As the employer, you’re most likely paying them on an hourly or salaried basis and taking out taxes. Most employers, of course, are going to offer a benefits package to their workers as well. Contractors, on the other hand, are being paid a flat fee per project or an hourly fee to work with you, but are not receiving W2s or getting benefits in the vast majority of situations. (To learn more about IRS designations and tests used to help you determine whether the working arrangement you have in mind really fits legal definitions, check out this resource page.)

Related: When Is Hiring Freelancers a Good Idea?

There are a few big benefits of hiring a freelancer:

  • Only pay for the work you actually need
  • No benefits payment unless you want to offer it
  • Can seek out competitive rates in the marketplace and match your budget and desired experience level with a like-minded freelancer
  • Access to talent all over the world (which you’ll also get if you hire a remote employee)

Here are the things to consider when deciding whether or not to outsource to a freelancer or bring on an employee.

Working arrangement

Freelancers, by law, need to maintain autonomy in how they do their work. For this working arrangement, flexibility is the key. For most contractor relationships, the freelancer will be working on their own equipment on their own schedule, meeting deadlines on projects as needed. In general, freelancers will remain available for scheduled calls but are not “on-call” during typical working hours the same way that an employee would be.

If you need someone to be available during your set hours daily, meaning that they’d have to block off their entire day to work when the rest of your team is working, this usually means an employee/employer relationship. And in the U.S., that means payroll, W2, and Social Security/Medicare taxes paid as part of their paycheck.

If you’re open to a more flexible arrangement and truly want to treat this person like an independent contractor — where they control how and when they do their work — a freelancer is the better choice.

Just don’t blur the line. Decide what best suits your needs and keep it that way. If you have to make changes, talk to your worker about the need to change status and whether they are comfortable with that.

Related: Why So Many Americans Prefer the Freelance Lifestyle

Talent

Do I have access to the kind of talent that wants an employee position? Many freelancers work remotely by choice and want to have access to more than one client at a time. This means that some of the best talent out there could be among the freelance pool. Leaving jobs is a bigger commitment, but taking on a new client is commonplace for freelancers, so there might be more people you can speak to more quickly about the opportunity if you go the freelance route.

This is not to say there aren’t great people seeking full-time positions out there. Quite the contrary, actually. But being open to freelancers who might be able to do the job more quickly when you only pay them for the work done could stretch your budget better.

Workload

Do you have enough work to keep a part-time or full-time employee busy consistently? If not, you’ll end up paying a salary or for hours in which the worker has nothing to do. That doesn’t turn out well for anyone.

Sporadic workload or short-term overload is a strong case for hiring a freelancer, whereas ongoing work — especially when you need someone available to you during specific hours — indicates you may need a permanent employee. Since both parties could potentially work remotely, thus expanding your talent pool, it becomes even more important to think about the structure of the working relationship and the overall workload.

While freelancers can stay with your company for a long time billing hourly or on retainer, plenty of them are happy to work with you for smaller projects or shorter time periods, too.

By: Laura Briggs / Entrepreneur Leadership Network VIP

Have you ever admired a freelancer’s working life? Here’s a difference between the both and maybe you could relate a thing or two! 🙂 REMEMBER TO LIKE SHARE AND SUBSCRIBE 🙂 SUBSCRIBE TO US! https://www.youtube.com/cjworksproduc…

Have you ever admire freelancers working life? Here’s a skit to show you the difference between the both and you might relate to a thing or two! 🙂 DIRECTED & PRODUCED BY : Jonathan Toh Clement Chen STARRING: Johnny Toh: https://www.youtube.com/johnny_toh/ Clement Chen: https://www.instagram.com/clementchen_/ LIKE US ON FACEBOOK http://www.facebook.com/CJworksProduc… FOLLOW US ON INSTAGRAM: CJworks Productions: http://www.instagram.com/cjworksprodu… Jonathan Toh: http://www.instagram.com/johnny_toh Clement Chen: http://www.instagram.com/clementchen_ FOLLOW US ON TWITTER Jonathan Toh: http://www.twitter.com/johnny_toh Clement Chen: http://www.twitter.com/clementchen96 WEBSITE: http://www.cjworksproductions.com

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