Tax Preparation for Freelancers, Gig Workers, and Independent Contractors
At Still Waters Tax Services, we understand the unique challenges that freelancers, gig workers, and independent contractors face when it comes to tax preparation. Our specialized tax services help you navigate the complexities of self-employment taxes, deductions, and reporting, ensuring that you stay compliant while maximizing your tax savings.
Our Tax Preparation Process Includes:
Income and Expense Tracking: We help you organize and document all your earnings from various platforms and sources, as well as track deductible business expenses to reduce your taxable income.
Self-Employment Tax Calculation: Our experts ensure accurate calculations for self-employment taxes, including Social Security and Medicare contributions, to avoid surprises at tax time.
Maximized Deductions: We identify and apply all eligible deductions, such as home office expenses, equipment, mileage, and health insurance, to minimize your tax liability.
Estimated Tax Payments: We assist with calculating and scheduling quarterly tax payments to help you stay compliant and avoid penalties.
Comprehensive Tax Filing: Our team prepares and files your federal and state tax returns, ensuring that all reporting requirements are met for a seamless tax season.
