Tax preparation software will do the calculations for you and many, if not most, have accuracy guarantees. How to pay taxes as an independent contractor Make estimated tax payments quarterly ...

For independent contractors, paying taxes isn’t quite so simple. Freelancers, contract workers and self-employed people have to estimate how much they owe and pay taxes four times a year.

Properly classifying a worker as an independent (outside) contractor may save your business money by avoiding payroll taxes, overtime pay, and employee benefits, such as pension plan contributions ...

This independent contractor pointed out that there are multiple reasons why they pay quarterly taxes as opposed to annual.

If you're an independent contractor, you'll file your taxes in a different way than people who are employees. Find out about deductions and more.

If you're an independent contractor, you'll file your taxes in a different way than people who are employees. Find out about deductions and more.