3 Timely Tips For Independent Contractors
Do you consider yourself a gig worker or independent contractor? If this is you or someone you know, you will want to check out this article on GoShare. The article is a roundup of tips from a number of CPAs and financial experts, including our own Marianela Collado.
In this article, Marianela encourages independent contractors to think into the future to prepare for financial security. Her tips include:
- As payments are received, break them into three groups: business expenses, taxes, salary
- Consider a Solo 401(k)
- Research a defined benefit plan
You can read more about these three considerations, as well as all the other tips, in the article here.