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Freelance

Financial management and tax guidance for freelancers

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The ACA Subsidy Cliff Returns in 2026: How Self-Employed Filers Near $63,840 Use a SEP IRA to Keep the Premium Tax Credit
·mike

The ACA Subsidy Cliff Returns in 2026: How Self-Employed Filers Near $63,840 Use a SEP IRA to Keep the Premium Tax Credit

The enhanced ACA subsidies expired December 31, 2025, so in 2026 a single filer one dollar above roughly $63,840 in MAGI loses the entire premium tax credit while Marketplace rates rise a median 18%. Deductible SEP IRA, solo 401(k), traditional IRA and HSA contributions are above-the-line, so they lower the MAGI the credit uses — and the repayment cap on excess advance credits is gone for tax years after 2025, making every dollar of the excess repayable.

health-insurance
tax-planning
self-employment
Why Zelle Never Sends You a 1099-K (and Why That Doesn't Mean the Money Is Tax-Free)
·mike

Why Zelle Never Sends You a 1099-K (and Why That Doesn't Mean the Money Is Tax-Free)

Zelle is not a third-party settlement organization under Section 6050W, so it files no 1099-K at any amount — while Venmo, PayPal, Cash App, Stripe, and Square do once the federal threshold of more than $20,000 and more than 200 transactions is met, restored retroactively by the One Big Beautiful Bill Act. Income is taxable either way, and this guide shows the reconciliation system that keeps multi-rail freelance books accurate.

tax-compliance
payments
freelance
Ghostwriting Agency Bookkeeping: Pricing Per-Word, Retainer, and Flat-Fee Work Without Losing Your Margin
·mike

Ghostwriting Agency Bookkeeping: Pricing Per-Word, Retainer, and Flat-Fee Work Without Losing Your Margin

How ghostwriting agencies account for the three pricing models — per-word, monthly retainer, and flat-fee book projects — including deferred-revenue entries for retainers, milestone versus cost-to-cost recognition on a $36,000 book, a 150-to-275-hour cost sheet for a 60,000-word business book, and the 1099-NEC and W-9 rules that keep contractor writers correctly classified.

creative-industries
freelance
revenue-recognition
The IRA Contribution Limit Hits $7,500 for 2026: Your Freelancer and Small-Business Owner's Guide to the First Big Increase in Years
·mike

The IRA Contribution Limit Hits $7,500 for 2026: Your Freelancer and Small-Business Owner's Guide to the First Big Increase in Years

The IRA contribution limit rises to $7,500 for 2026 — the first base increase since 2023 — plus a new $1,100 catch-up at 50+. Learn who qualifies, how it stacks with Solo 401(k) and SEP, and how freelancers can capture the extra room before April 15, 2027.

ira
retirement-savings
retirement-planning
The Real Cost of AI Coding Subscriptions in 2026: How Freelance Developers Can Track, Compare, and Deduct Copilot, Cursor, and Claude Code
·mike

The Real Cost of AI Coding Subscriptions in 2026: How Freelance Developers Can Track, Compare, and Deduct Copilot, Cursor, and Claude Code

AI coding stacks now cost freelance developers $150–$600 a month across Copilot, Cursor, and Claude Code — and every dollar is deductible, but only the portion you can document. A practical guide to tracking per-vendor spend, splitting business from personal use, allocating tool cost by client, and trimming the bill without losing the leverage.

ai
freelance
self-employment
The DOL Wants to Simplify Independent Contractor Classification: What the Proposed Two-Factor Test Means for Small Businesses That Hire Freelancers
·mike

The DOL Wants to Simplify Independent Contractor Classification: What the Proposed Two-Factor Test Means for Small Businesses That Hire Freelancers

The DOL's February 2026 proposal would replace the six-factor totality test with a weighted two-factor standard focused on control and opportunity for profit or loss — here is how it works, what still depends on state law, and a checklist to audit your freelancer relationships now.

small-business
compliance
independent-contractor
PayPal's Bank Transfer Fee Jumps 51% on August 1: How to Rebudget Your Invoices Before You Pay More
·mike

PayPal's Bank Transfer Fee Jumps 51% on August 1: How to Rebudget Your Invoices Before You Pay More

PayPal's instant transfer fee rises from 0.99% to 1.50% on August 1, 2026 — a 51% increase. Learn what it costs on real invoice sizes, when instant is still worth it, and how to rebudget recurring invoices and book gross versus net correctly.

small-business
bookkeeping
cash-flow
Translation and Interpreter Agency Bookkeeping: Per-Word and Per-Session Job Costing, Freelance Linguist 1099s, and the Utilization Rate That Separates 5% From 20% Margins
·mike

Translation and Interpreter Agency Bookkeeping: Per-Word and Per-Session Job Costing, Freelance Linguist 1099s, and the Utilization Rate That Separates 5% From 20% Margins

How translation and interpreting agencies should cost jobs by billable versus payable words and door-to-door session time, pay freelance linguists and file 1099-NECs, track utilization and overhead, and reconcile multi-currency and retainer cash flow to hold 30-50% gross margins and 15-25% net.

translation-agencies
bookkeeping
job-costing
Ramp Data: Companies Replacing Freelancers With AI — What 0.66% to 0.14% Spend Says About Hiring
·mike

Ramp Data: Companies Replacing Freelancers With AI — What 0.66% to 0.14% Spend Says About Hiring

Ramp: freelancer marketplace spend fell 0.66%→0.14% while AI model spend rose to ~3%; top freelancer spenders shifted fastest — what it means for hiring.

small-business
freelance
ai
UAE Corporate Tax for Freelancers in 2026: When AED 1 Million in Turnover Triggers 9% Tax
·mike

UAE Corporate Tax for Freelancers in 2026: When AED 1 Million in Turnover Triggers 9% Tax

UAE freelancers pay 9% corporate tax only when business turnover exceeds AED 1M — with AED 375K tax-free slice and AED 3M small-business relief. Who files and when.

freelance
tax-compliance
small-business
Mexico's RESICO Regime: Simplified Taxes, Mandatory Monthly Compliance
·mike

Mexico's RESICO Regime: Simplified Taxes, Mandatory Monthly Compliance

Mexico's RESICO simplified tax regime offers 1–2.5% flat rates and no annual reconciliation, but requires strict monthly digital invoicing and a MXN 3.5 million income cap.

tax
freelance
self-employment
Translation Agency Bookkeeping: Managing 1099 Freelancers, Mixed Billing Models, and International Payments
·mike

Translation Agency Bookkeeping: Managing 1099 Freelancers, Mixed Billing Models, and International Payments

Learn how translation agencies track 1099 freelancer payments, reconcile per-word and per-hour billing, handle multi-currency client payments, and calculate project margins accurately.

bookkeeping
small-business
invoicing
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