, have lapsed, freelancers might feel even more squeezed financially. So how can you save — or even just meet your basic financial needs — despite all these hurdles?The only way to manage inconsistent income is to keep a relatively consistent level of spending that allows you to build up enough of a cushion during the good months to get you through the bad ones, explains Henry-Moreland.
Your estimated tax payments are typically based on how much you earned last year. So it makes sense that if you are making less in 2020, you can lower your payments to the IRS. However, if you bought your policy off the Marketplace, or if you're eligible for a special enrollment period, then you might be able to make changes to your plan to lower your monthly premium, says Henry-Moreland. For instance, you might hop on a different plan that has a lower premium but a higher deductible or copayments.While the deadline to apply for the Payment Protection Program ended on August 8, other relief from the government is still available.
Ditch the financial planner
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
An inside look at the app that's like Duolingo for disaster prep - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside the heated debate over TikTok rival Triller's user count - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Instagram star @MrsDowJones shares an inside look at a day in her life - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Nassim Nicholas Taleb to speak at the Business Insider Global Trends Festival 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How businesses can adapt to a hybrid work model after the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. $UPWK
Source: BusinessInsider - 🏆 729. / 51 Read more »