The Freelancer’s Guide to Keeping More of Your Money

Intuit Quickbooks, self-employment, freelancer

This is a sponsored conversation written by me on behalf of Intuit QuickBooks and #WeAllGrow Latina Network. The opinions and text are all mine.

Are you self-employed? In today’s digital world, more and more people are working as freelancers, contractors and quite frequently, remotely. Brick and mortar businesses are quickly becoming obsolete dinosaurs. With the Internet, many jobs can be done online from anywhere in the world.

It’s not like when our parents were starting their families. Moms don’t have to stay home with kids (unless they want to) and dads don’t have to leave the house for a traditional 9-5 corporate job because now, almost everything we can do in an office, we can do from home, and it costs less overhead for the company. Not to mention, it’s a savings for the employee because you’ve eliminated the cost of gas, lunch and even a car.

The fact is that today many of us do work from home and with contract work and freelancer gigs, that freedom, has a price. we have to figure out the logistics of the accounting; not only doing the work but filing the invoices, following up for payment, keeping track of receipts and, on top of all of that, we have to make sure that we are setting aside the right amount for taxes. It’s a lot a work but totally worth it to be your own boss.

With a lot of hard work, dedication and a great accounting software, being your own boss doesn’t have to be a dream; it can be a reality. Honestly, who doesn’t want to be their own boss? But you have to take yourself and your business seriously. Just because you are not working in an office, doesn’t mean that you don’t have to be professional.

Since I am self-employed and I make most of my income freelancing, keeping track of invoices and receipts for business costs is an absolute nightmare. My secret weapon is good accounting software. Intuit QuickBooks is a game changer when it comes to keeping track of your hard-earned money whether you are self-employed or just want to be in control of your finances.

Why Intuit QuickBooks, you ask? Let me count the ways.

• The Intuit QuickBooks Resource Center has free resources for starting, running and growing your business which is awesome when you are trying to manage running the financial aspect of a growing business.

• There are in depth guides, free tools, helpful articles, and even videos to help you succeed.

• The Intuit QuickBooks Resource center is not just for small/medium businesses, but also the self-employed, freelancers, creatives, like myself.

• And one of my personal favorite resources is A Woman’s One Stop Resource for Starting and Financing a business.

Intuit QuickBooks Resource Center features or articles that can definitely be helpful to you.

a. Free self-employment tax calculator for self-employed people to figure out how much they need to pay for self-employment tax. This is an important one, you do not want that surprise when doing your taxes. Believe me.

b. Article on 10 tax deductions every freelancer needs to know:

c. Users that use the automatic mileage tracking feature can save an average of $7,393 in tax deductions each year.

d. There is also a paycheck calculator for employers to figure out how much to pay their employees.

e. Free income statement (profit and loss statement) template, example, and guide.

If that isn’t enough to convince you that maybe Intuit QuickBooks is something your business needs, here are some quick facts about Intuit QuickBooks to make your life as a freelancer so much easier.

1. Intuit QuickBooks is the #1 accounting solution for small businesses.
2. Intuit QuickBooks users save an average of 11 hours per month.
3. Intuit QuickBooks users find on average $4,350 at tax time by linking expenses and receipts on their phone.
4. Customers agree that Intuit QuickBooks gives them peace of mind their books are accurate.
5. Customers are more efficient and productive with Intuit QuickBooks.
6. Intuit QuickBooks Online customers find an average of $4340 at tax time by linking expenses and receipts on their phone.

You work so hard for your money, shouldn’t it be easier to keep track of it? For more information visit Intuit QuickBooks on Facebook and on Instagram.

This is a sponsored conversation written by me on behalf of Intuit QuickBooks and #WeAllGrow Latina Network. The opinions and text are all mine.

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