As a freelancer or independent contractor navigating the complex world of taxes can be overwhelming. With the freedom of self-employment comes the responsibility of managing your tax obligations, including quarterly estimated payments, business expense deductions, and self-employment taxes. To ensure accuracy and compliance, it's crucial to prioritize tax preparation. Our experienced tax professionals specializing in tax preparation in Pasadena, MD, provide expert guidance to freelancers and independent contractors, helping you minimize taxes, maximize refunds, and maintain financial stability. Understanding Freelancer Tax Obligations As a freelancer, you have the following tax obligations: Federal Tax Obligations Self-Employment Tax (SE Tax): 15.3% for Social Security and Medicare
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