Essential Tax Services for Freelancers and the Self-Employed: A Guide for Americans and Europeans
Understanding Taxation for Freelancers and Self-Employed Individuals The taxation landscape for freelancers and self-employed individuals varies significantly between the United States and Europe, reflecting diverse regulatory frameworks. In the U.S., freelancers must navigate both federal and state tax requirements, primarily focusing on income tax and self-employment tax. Income tax applies to the net earnings derived … Read more