NPR

Going It Solo: The Complicated Financial Lives Of Freelancers

For a growing population of independent workers, the flexibility of contract work comes with the headache of dealing with taxes and other issues that employers would normally handle.
"No one really explains to you taxes, and contracts, and how to chase a client for that bill that they owe you — like, the nitty-gritty," says P. Kim Bui, a freelance consultant.

Working on your own can have its rewards, such as being able to set your own hours. But being self-employed also brings with it the headache of handling taxes — something a traditional employer normally does.

"It's just excruciatingly difficult to manage our finances," says P. Kim Bui, who has been a freelance consultant off and on for two years.

In addition to the Web design and social media work she's hired to do, she must also manage

You’re reading a preview, subscribe to read more.

More from NPR

NPR5 min readIndustries
China Makes Cheap Electric Vehicles. Why Can't American Shoppers Buy Them?
American drivers want cheap EVs. Chinese automakers are building them. But you can't buy them in the U.S., thanks to tariffs in the name of U.S. jobs and national security. Two car shoppers weigh in.
NPR2 min read
After A Serious Car Accident, A Man Pulled Over — And Continued To Help For Days
In 1997, Apryle Oswald got in a car accident. The man who responded went on to help for three more days — driving her dog to the vet and Oswald's boyfriend back and forth to the hospital.
NPR2 min readInternational Relations
Israeli Forces Take Control Of The Gaza Side Of The Rafah Crossing With Egypt
An Israeli tank brigade seized control Tuesday of the Gaza Strip side of the Rafah border crossing with Egypt, authorities said, as cease-fire negotiations with Hamas remain on a knife's edge.

Related Books & Audiobooks