Vox Daily The Official Voices.com Blog

How To Report Your Voices.com Earnings At Tax Time

By Stephanie Ciccarelli

March 28, 2012

Comments (1)

Woman doing her taxes at a coffee table.  Laptop computer close by, papers all over the table and a pink coffee mug.Running your own business?

What do you do when you need to report work completed via the voice over marketplace?

Lin Parkin, Customer Care Manager at Voices.com, gives you tips on how to locate your Voices.com earnings and put them in order for easy reporting at tax time in today's VOX Daily.

It's Tax Time Again!

As tax season approaches we receive many questions about whether or not we issue taxation forms and how to report taxes on income earned through Voices.com.

Voices.com is a third party vendor so your social security and tax identification numbers are not maintained by our finance department. In addition to that, we have clients and talent from countries all over the world so taxation laws are different depending on which country you hail from.

As a freelance talent running your own business, it is important to keep track of your income and all applicable taxes you owe to your government. We recommend consulting a personal accountant to help you develop a plan for keeping track of your income tax.

To help you keep track of your earnings through Voices.com, you will find invoices of all payments you've received through SurePay in the Payments area of your account under Payments > Payments Sent.

You can click into each payment and print off the invoice for your records. Then when it's time to file your taxes you can take the invoices to your personal accountant who can help you calculate the income tax you owe.

While we are not financial advisers, it can be quite difficult to come up with a lump sum at the end of the year when you need to pay your taxes. One common method freelancers use to keep on top of income tax is to separate the taxes from each payment earned and leave the funds in a secure bank account until it's time to pay your income tax. Your personal accountant can advise you on the best way to get that set up.

Have Any Tips For Maintaining Income Tax Records?

We'd love to hear about it! Please comment below.

Lin

©iStockphoto.com/svetikd

Related Topics: how to


Comments


    * Get receipts for everything
    * Categorize everything
    * Give them to your CPA

    The cost of a CPA is cheaper than the money you leave on the table, the cost of a CPA's services and the deductions they will find that you didn't.

    JG

    Posted by:

Leave a Comment



Recent Articles

Apple App Store Video Preview Is A Gamechanger

Don't Ignore Your Vocal Health

Microsoft Buying Minecraft Creator Will Drive Mobile Voice

The 3 Things Voice Pros Can Learn From Sir Jony Ive

Don Pardo's Final Voice Lesson

iPhone 6, 6 Plus & Apple Watch: Studio On The Go for Voice Pros

Apple iWatch Could Drive Voice Over Market

How Localization Unlocks Business Growth Potential

Are You a Self-Made Voice Over Actor?

Slate In Character Or Don't Slate At All

   

Upcoming Webinar

Localization Webinar

Join us for a free webinar on how localization can help expand the use of all your voice-over work for new markets, new services and reach new heights with your business!

Register for the webinar

Subscribe by Email

About Vox Daily

Vox Daily offers a daily dose of voice acting news, articles, tutorials, interviews, intelligent conversation and business ideas for voice talent and voice actors.


Follow Us

   

Our feed & social options update you with special offers and news as it happens.

New YouTube Video

Watch videos on YouTube