For freelancers, savvy accounting is a pillar of professional independence. Proactively reserve a portion of your earnings for taxes to mitigate year-end sticker shock. Compliance with state and federal tax laws for the self-employed is non-negotiable; ensure you're up-to-date to avoid penalties. Organize your key documents—business licenses, insurance policies, etc.—in one accessible location. This preparation streamlines processes, clarifies financial health, and sharpens your focus on the freelancing journey ahead.
