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Tax Resources for Freelance Writers

Tax season is here and that means you're either cringing or celebrating. Either way, I thought I would try to make things a bit easier by sharing some tax resources that can make your 2011 tax preparation a bit easier.

Do not go to HR Block. You'll pay hundreds of dollars for someone else to prepare your taxes and you won't get them any sooner than you will if you do them at home. As a freelance writer you are obviously capable of your own data entry and have access to the Internet. Use it wisely.

Learn from a seasoned CA (equivalent of a CPA) and freelance writer. In fact, read this book
before you even start your taxes so you have an idea of what you're working with. Angie Leamen Mohr shows you how to save on your taxes by letting you know about deductions and rules you may not be aware of. Seriously...self-employment tax isn't cheap so use very advantage you can get!

File for free. The government does have some mercy on us during tax season, or maybe they just wanted to make everything easier on themselves. Either way, they've created a list of places where you can file your taxes for free. It's called FreeFile and you have a wide variety of options to choose from. The government doesn't generally offer up a lot of free things, so take it while you can!

Keep an eye on your taxes. The IRS refund schedule makes it easy to find out when you can expect your refund back. Again, please note that HR Block no longer has refund anticipation loans, so there is absolutely no reason to spend your money there. As you can see, you can get your refund back all on our own within 1-2 weeks.

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