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How Freelancers Should Track Income and Expenses for Taxes
A simple system for freelancers to track income, expenses and set aside money for taxes.
Separate accounts first
Open a separate checking account for business income. It makes tracking and tax time far easier.
Template · $9+
Freelancer Client Tracker + Invoice Kit
Clients, projects, invoices and an income dashboard in one spreadsheet.
Get it →Set aside 25–30%
Move a fixed percentage of each payment into a tax savings account the day it arrives (consult a tax professional for your situation).
Log monthly
Record every invoice paid and every business expense with date, category and receipt link. A 15-minute monthly log beats a panicked April.
Template · $19
All 3 Kits Bundle
Get the Freelancer Client Tracker, ADHD Planner and Short-Term Rental Host Kit together and save versus buying separately. Best value.
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