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Discussion on: There’s More to Freelancing Than Just Coding

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John Copella

All of this and more. Include becoming knowledgeable about payroll taxes & withholding, benefits administration, state business registration requirements, different forms of corporate organization (sole prop vs. S-corp. vs. LLC) and their tax implications, etc. Even if you outsource this stuff to an attorney or an accountant or payroll tax service like Quicken, you'll need to know what's going on and still keep tabs on the experts you've outsourced it to. Don't underestimate it -- it consumed enough of my time & energy that I gave up on freelancing after a few years. Just not worth the headaches.