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Here Are The Apps Every Freelancer Needs This Tax Season

Tax season can be a pain, especially for independent contractors. Luckily these apps take the sting out of the filing process. Here's how.
Here Are The Apps Every Freelancer Needs This Tax Season

The world of freelancing can be a beautiful one.

A flexible schedule, freedom to take on the type of work you want, and the autonomy to set your own rates are some of the most attractive aspects of life as a freelancer. However, as freeing as the style of work can, certain administrative complications can arise if you’re not careful, particularly with taxes. Since the Internal Revenue Service (IRS) look at freelancers to be self-employed, taxes must be filed in a similar manner as a business owner’s. What does that mean? Deductions are king.

The IRS says: “Taxpayers can deduct expenses paid to run a business that are both ordinary and necessary. An ordinary expense is one that is common and accepted in the industry. A necessary expense is one that is helpful and proper for a trade or business.”

As helpful as it can be to rack up deductions, it can be hard to track them all through the year if you don’t have the right toolkit. Thankfully, we’re here to help. Here are some of the best apps for freelancers come tax time.