As I continue to build up more freelance projects, I worry about the impact of taxes. While in most matters of Finance I’m at the very least intermediate, I’ve never really had a complex enough situation that I had to itemize or anything like that. I just told the IRS “hey, I earned this, you already taxed it, refund please.” Now that much of my income is being derived through freelance work,the responsibility to give Uncle Sam his due falls on to me.
I don’t like it.
Now I’m going to have to wade into unknown territory to figure out exactly how this process works. Does anyone have any good tax software and/or books to recommend?