Collective Blog – A blog to help freelancers with taxes

Three Tips for Mastering the Art of Effective Self-Promotion

The internet’s hatred of self-promotion is palpable. While researching this article, I was shocked by the abundance of editorials that rail against the practice. A quick Google search produces headlines such as “Why Self-Promotion is a Terrible Idea” and “Your Self-Promoting Is More Annoying Than You Think.” Even headlines that tout the benefits of self-promotion […]

How the 80/20 Rule Helped me 3x my Revenue in Less than a Year

If you don’t have a finance or accounting background, it may not always be clear why keeping detailed financial records can be so valuable. Of course, you need to track your finances for taxes, but there are plenty of good reasons to get more detailed and pay attention to every monthly update. When doing a […]

A 6-figure freelancer shares 5 signs that you might be ready to quit your job

Making the leap from a comfortable salaried position or steady paycheck into the world of entrepreneurship and freelance can be an intimidating proposition. When I walked away from my full-time job almost four years ago, I was well aware of the risks involved, and I knew success was not a guarantee. Fortunately, I was one […]

Here’s Why You Should Become a Mentor in Your Business

Running a business is hard work, and you probably had to learn a few tough lessons along the way. Do you remember where you learned those lessons? Chances are you had an informal mentor in your life who helped you discover some of the most important parts of business. Sadly, not everyone has access to […]

4 Mindset Shifts I Made to Double My Income As A Woman In Business

I’ve always been fascinated with the psychology of human behavior. As a graphic designer, I’ve learned to recognize patterns in my clients’ behaviors to better anticipate their needs. As a woman in business, I also know the importance of being mindful of my own behavior and recognize the role it plays in finding success. In […]

How to Create an Authentic Budget for Your Business

When it comes to creating a budget for your business, there’s more than one way to do it successfully. That’s right—what works for you might be disastrous for someone else. Sounds pretty obvious, but it’s because as a business owner, your personality and how you run your business is different than someone else. Even if […]

Tax Tips

Should I Pay Someone to Do My Self-Employed Taxes? Here’s How to Know

5 Self-Employed Tax Mistakes that Cost You Big Time

What You Need to Know About the 2020 Tax Deadline Extension

7 Things You Need to Do to Prepare for Your Freelance Taxes

10 Tax Deductions that Every Freelance Designer Needs to Know

How to File your Freelance Taxes (and Save Money)

Are You Sure You’re Legally a Freelancer?

Six Pro Tips for Freelancers to Save Big on Taxes

How an S Corp Can Save You $5,000 (or more) on Your Freelance Taxes

The Ultimate Guide to Getting Your Freelance Taxes Right

Bookkeeping

How to Write Off Your S Corp Mileage using QuickBooks Online

The Best Payroll Provider for Freelancers

5 Ways to Organize your Money with QuickBooks Online

What Every Freelancer Should Know About Bookkeeping

Setup Your Business

Collective makes setting up and running your freelancing business simple and affordable while saving you some serious money on taxes. See how much you could save with Collective.

Estimate Your Tax Savings

Business Setup

Here’s How Starting an S Corp Leveled Up my Online Business

LLC vs S Corp- Which is the best for freelancers?

When is the best time to switch to an S Corp?

Can you afford to be an S Corp?

Why are you still a sole proprietor? It’s time to switch

Started an LLC? These Are the Most Important Things to Do First

12 Mistakes to Avoid When Starting a New Business

Business Entities for Freelancers: Which One Is the Best?

Getting an EIN is Easier Than You Think- Here’s How

Everything You Need to Know about Registered Agents

Money Management

How the 80/20 Rule Helped me 3x my Revenue in Less than a Year

How to Create an Authentic Budget for Your Business

Create a Better Business Using Values-Based Spending

Level Up Your Freelance Finances with These Expert Tips

How to Pay Yourself When You’re a Freelancer

How to Pay Yourself from an S Corp the Right Way

How to Open a Business Bank Account for Your New Business

Small Business Hacks

Three Tips for Mastering the Art of Effective Self-Promotion

A 6-figure freelancer shares 5 signs that you might be ready to quit your job

7 Money Mindsets that Women in Business Need to Master

Here’s Why You Should Become a Mentor in Your Business

4 Mindset Shifts I Made to Double My Income As A Woman In Business

Community Spotlight

Camille Tintle on designing a business on her terms

Reece Young on operating on a shoestring budget

Will Tams on keeping your dream and fire alive

Jason Yormark on taking control of his own destiny

Melissa Nunes Walker on going from corporate America to home designer

Estimate your tax savings

With Collective, freelancers save an average of $16,845 or more in taxes every year. Plus they never have to worry about the legal or tax side of running their business. See how much you could save with Collective.

Estimate Your Tax Savings

* Based on average estimated tax savings of active Collective users with over $80,000 net revenue in 2019 ($12,217) and potential savings declared by Intuit Quickbooks TY17 US subscribers that have identified >$10,000 in income and >$0 in business expenses ($4,628)