Self-employment gives you the flexibility to control your time. By choosing self-employment or independent contractor (IC) work, you give yourself the ability to set your own schedule and only take on projects that work for you.
Be creative! Think about the things you love and the types of things you choose to do with your time, then try to find a project or business around that. You'll haven enthusiasm for your work and your clients will love the results.
Remember when you are self-employed that you must set aside a good amount from your earnings for tax purposes. I highly recommend consulting a tax professional for advice specific to your situation. Not only will you find out how much you need to set aside, but you will also get information about the things you can and cannot deduct on your taxes. Most importantly - do NOT let the tax issue scare you away from great opportunities. Turbo Tax is a fantastic software that can walk you step by step through the process of filing your taxes as a self-employed person.
TurboTax Deluxe Federal with E-File 2007
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