In recent years, many Ohio residents have been leaving their office-based jobs in favor of freelance work-from-home gigs. Many are even doing freelance work full-time now. But with the luxuries of working at home come the hassles of doing your own accounting management and tax management.
Whenever freelancers get paid, they must calculate the federal and state taxes they owe the government and pay these on a quarterly basis. They will be fined for late and undercalculated payments, so making the right payments on time is essential. That is why many opt to hire an accountant in Ohio instead of doing the extra work themselves.
Human accounting & bookkeeping services are better than using accounting management software, for many reasons. Freelancers already have their hands full learning all kinds of software for their work. And it’s their work and how they can do it better that they should be focusing on. Managing their own accounting and taxes is an unwelcome distraction.
Consulting services can help freelancers with tax planning & preparation in ways that are specific to the freelancers themselves, instead of the cookie-cutter options that accounting and bookkeeping software provide. The experts can help freelancers save on taxes too. That way they can keep more of their hard-earned money for themselves.
Are you a freelancer looking for an expert in financial management in Whitehall, Ohio? Damawa Tax & Accounting Services, LLC can help you save time and money by managing your accounting and taxes. Call us at 614-864-1700.