Dustin M. Wax
Dustin M. Wax is a university educator and freelance writer based in Las Vegas. In addition to managing the personal productivity site Lifehack and his site for writers, The Writer's Technology Companion, he also teaches anthropology and gender studies. He is the author of Don't Be Stupid: A Guide to Learning, Studying, and Succeeding at College. Follow him on Twitter: @dwax.
- BusinessOnline Bookkeeping for Freelancers that Won't Cost an Arm & LegIf there’s one thing I’m bad at in this whole freelancing business it’s bookkeeping. I mean, I’m a writer — and frankly, one of the things that draws me to writing is that it’s not bookkeeping. If you’re a writer, a designer, or even a coder, chances are you were drawn by the possibility of putting words, images, and code together in creative ways, not by the prospect of meticulously recording financial transactions. The bookkeeping and accounting a freelancer has to do boils down to three things: Recording invoices and payments, Recording expenses, and Computing and paying your taxes. For the past year-and-a-half, I’ve been using LessAccounting to handle the first two, and sort of “winging it” to handle the third. I like LessAccounting, and with a little creative data entry (e.g. holding off on entering payments in months when I get several payments and entering them during slower months; the free account limits the number of payments you can enter in any given month) I’ve managed to do pretty well for myself with a free account. But that’s changing – I’m developing more clients and more steady invoicing and payments to record, and at the same time my income is growing to the point where taxes are becoming a nightmare.Read More…