How to Avoid Penalties and Last-Minute Panic When Filing Taxes

If you're a freelancer, quarterly taxes can feel anything but easy. In fact, they're easy to ignore. I've worked freelance off and on for a couple decades, so I know the struggle well.Here are five tips for any freelance workers out there who need a better system for managing their freelance finances. First, save for taxes the moment you get paid. Unlike traditional employees, freelancers don't have taxes withheld from each paycheck.A good rule of thumb is to set aside 40% of every paycheck you earn. Transf ...