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Self-Employed PPP loans
Increased loan amounts & a priority processing window for self-employed individuals through March 9 means there’s never been a better time to apply for a forgivable PPP loan With the approval of the $900 billion COVID-19 aid package that Congress passed in late December 2020, $284 billion was ear-marked for loans to support small businesses through the Small Business Administration’s COVID-era Paycheck Protection Program…
March 2021 * 10 min read
How Should I Do My Taxes?
How to Choose a Filing Method Tax season is upon us, and for many taxpayers, that means it’s time to decide how they’re going to prepare their tax return this year. If you’re interested in saving time or money on tax filing, now is a good time to look at all of your options and…
December 2020 * 7 min read
2021 Tax Deadlines You Should Know
Important Tax-Related Dates to Mark on Your Calendar With 2020 coming to a close, we at Found know that running your own business doesn’t leave you a lot of time and energy for a long, stressful tax filing experience. Whether you’re a procrastinator who tends to leave taxes to the last day (we’ve been…
December 2020 * 4 min read
How to End Your Tax Year Right
Prepping your Finances for 2021 2020 is quickly—finally—coming to a close, which means it’s time to start getting your affairs in order for 2021. Organizing your 2020 business records, re-evaluating your business practices, and preparing for the upcoming tax season can help you set…
November 2020 * 5 min read
Guide to Self-Employed Health Insurance
How to Get Your Own Health Plan If you’re self-employed and aren’t able to get health insurance from a spouse, you’ll have to deal with managing your own healthcare instead of relying on an employer to do it for you. While applying for your own plan, managing your payments, and…
November 2020 * 7 min read
Deducting your Vehicle Expenses
What You Can Deduct, and How to Maximize Your Deduction If you ever use your personal vehicle for work reasons, you’ve probably noticed your car expenses climbing as a result. Business owners will inevitably use their own personal assets for work reasons, which can make the process of separating “business…
September 2020 * 5 min read
How Your Tax Bill Is Calculated
The Behind-the-Scenes Math of Your Tax Liability Ever wondered how your tax preparer or tax filing software arrives at your final tax bill? The behind-the-scenes math of tax returns can seem tricky, but understanding the factors that influence your tax bill can help you make informed decisions…
September 2020 * 6 min read
Common Deductions for Freelancers
Deductible Expenses You Should Make Sure You’re Tracking As a freelancer, one of the best ways to keep your tax bill as low as possible is to track your business expenses. Every purchase that you make for your business is likely deductible on your taxes—and every time you take a deduction, you lower your…
August 2020 * 5 min read
Guide to Quarterly Taxes
How to Determine If and How Much You Owe Quarterly taxes are one of the reasons why taxes can feel a little more complex for self-employed people. In this guide we’ll take you through the most common questions that Found gets about quarterly taxes, including how to figure out if you owe…
August 2020 * 5 min read
How to Set Up a Self-Employed Business
Guide to Setting Up a Self-Employed Business How to Set Up a Self-Employed Business Setting up your business when you’re self-employed doesn’t have to be terribly complicated or expensive. But there are a number of details that you need to take care of. If you promptly attend to them, you’ll be…
February 2020 * 6 min read
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