Self-Employed Tax Services
Personalized Tax Help for Independent Professionals
Self-employment can create additional filing, recordkeeping, and estimated-payment responsibilities.
Global Bash helps independent professionals organize relevant information, prepare applicable returns, and understand the tax items connected with their business activity.
Who This Service Is For
Tax Support for Independent Work
- Independent contractors
- Consultants
- Freelancers
- Gig workers
- Sole proprietors
- Online sellers
- Professional service providers
- Owner-operators
- Entrepreneurs
- People receiving Forms 1099
Common Tax Areas
What Self-Employed Tax Preparation May Include
- Schedule C income
- Business expenses
- Contractor income
- Estimated tax payments
- Self-employment tax
- Vehicle and mileage records
- Home-office information
- Business equipment
- Depreciation
- Health-insurance information
- Retirement contribution considerations
- Applicable state returns
- Multi-state business activity
Recordkeeping
Better Records Support Better Tax Preparation
Self-employed clients should maintain organized records of income, expenses, mileage, equipment, contractors, estimated payments, and business activity.
Mixing personal and business transactions or waiting until filing season to reconstruct records can make preparation more difficult.
- Income statements and Forms 1099
- Business bank and card records
- Receipts and invoices
- Mileage logs
- Asset purchase information
- Home-office measurements and expenses
- Estimated tax payment confirmations
- Prior-year tax returns
Estimated Payments
Self-Employment May Require Quarterly Planning
Self-employed clients may not have taxes withheld from their income in the same way as employees.
Estimated payments may be required depending on expected income, deductions, credits, prior-year tax, and other factors.
Remote Process
A Remote Process for Self-Employed Clients
- 01
Request a Consultation
Describe the type of work, tax year, states involved, and general filing needs.
- 02
Identify Required Records
Milana explains the income, expense, asset, and payment records needed.
- 03
Confirm Scope and Pricing
Fees are based on the complexity of the activity and condition of the records.
- 04
Provide Records Securely
Documents are provided through the approved secure process after engagement.
- 05
Prepare and Review
The return is prepared and follow-up questions are addressed.
Frequently Asked Questions
Common Questions
What if I did not receive a Form 1099?
Business income may still need to be reported even if no Form 1099 was received. The reporting requirement depends on the income actually earned and the applicable tax rules.
Can I deduct all of my business expenses?
No. Expenses must meet applicable tax requirements and should be supported by appropriate records. Personal expenses are generally not deductible as business expenses.
Can you help with quarterly estimated taxes?
Estimated-payment planning may be included in a separate planning engagement or discussed as part of the client’s tax needs.
Do you form LLCs or corporations?
Global Bash does not advertise legal entity formation. Legal formation and liability questions should be reviewed with a qualified attorney.
Get Started
Get Help With Your Self-Employed Tax Return
Discuss your business income, expenses, records, estimated payments, and filing requirements with Milana.