Build a Freelance Tax Plan

# Build a Freelance Tax Plan **Best model:** Claude 4 Sonnet **Category:** Finance & Money **Tags:** taxes, freelancing, self-employed, accounting ## Description Stay compliant and minimize taxes as a self-employed worker. ## Prompt Create a tax plan for a freelancer earning [INCOME] in [YEAR]. Business expenses: [EXPENSES]. State: [STATE]. Filing status: [STATUS]. Include: 1. ESTIMATED TAXES: Quarterly payment amounts and due dates. 2. SELF-EMPLOYMENT TAX: How it's calculated, what it covers. 3. DEDUCTIONS: Home office, mileage, equipment, software, health insurance, retirement contributions. 4. RETIREMENT ACCOUNTS: SEP-IRA, Solo 401k contribution limits and tax savings. 5. HSA: If eligible, contribution limits and triple tax advantage. 6. RECORD KEEPING: What receipts to save, how long, digital vs paper. 7. QUARTERLY CHECKLIST: What to review every 3 months. 8. AUDIT PREP: Red flags to avoid, documentation standards. 9. STATE SPECIFICS: Income tax, LLC fees, any local requirements. 10. TOOLS: Accounting software recommendations. Include disclaimer: not tax advice, consult a CPA.