1. Get an Employer Identification Number [EIN]

If you’re working in self employment of any kind (contractor, consultant, freelancer…), chances are that you constantly have to give out your social security number for tax purposes.

2. Find an accountant

Accurately reporting your income as a self-employed individual is extremely tedious. One can easily mess up reporting and miss out on taxes that could have otherwise been money in your pocket

3. Track everything

As mentioned above, having an accountant is key to ensuring you properly report income to the IRS. But, in order to calculate your total income, you need to track everything

4. Brand yourself

Let’s face it?—?while self-employed, you (generally) don’t have the backing of a large corporation to sell yourself. This is why it is critical that you come up with a solid brand that people can recognize you by.

People who should listen to this show are entrepreneurs, solopreneurs, career coaches