- Self-employment is like running a business. You’re in charge of everything, which includes balancing the books and paying your own taxes.
- If you don’t pay your estimated quarterly taxes correctly, you could get hit with a huge penalty from the IRS.
- Getting set up with a business checking account, business credit card, and accounting software completely changed the way I do business, and I honestly wish I would have done it sooner.
- See Business Insider’s list of the best small-business credit cards »
During my first year of self-employment, I’ll admit I was flying blind. I made a lot of mistakes read more >>>