1. Do freelancers have to pay taxes? Yes, freelancers must pay taxes. Since they are classified as independent contractors, they are liable for both income taxes and self-employment tax (towards Social Security and Medicare). 2. What is self-employment tax? Self-employment tax is that tax paid by individuals who work for themselves. It consists of:
25 Questions Answered About Real Estate Crowdfunding Opportunities
1. What is real estate crowdfunding? Real estate crowdfunding is the process of raising capital for real estate projects by pooling small investments from a large number of investors. With the help of crowdfunding platforms, one can invest in residential or commercial properties without buying or managing them. 2. How does real estate crowdfunding
30 Frequently Asked Questions Answered About Preparing Financially for Parenthood
1. What are the major financial expenses for having a baby? Major expenditures include: Medical costs: Hospital stay, antenatal care, delivery, and subsequent pediatric visit. Baby equipment: Cribs, car seats, strollers, diapers, garments, etc. Continuing childcare: Daycare, nannies, or sitters. Income lost: Paternity/ maternity leave, if available
40 Questions Answered About Choosing the Right Financial Advisor
1. What is a financial advisor? A financial advisor is a professional who advises in managing your finances, including investments, retirement planning, tax strategies, and estate planning. 2. What are the different types of financial advisors? Certified Financial Planner (CFP): Offers comprehensive financial planning services. Registered Investmen
50 FAQs Answered About Understanding the Basics of Index Funds
1. What is an index fund? An index fund is a type of mutual fund or exchange-traded fund (ETF) designed to replicate the performance of a specific market index, such as the S&P 500, by holding the same securities in the same proportions as the index. 2. How does an index fund work? Index funds […]
Top 10 Questions Answered About Becoming a Professional Dancer
1. What is it going to take for me to become a professional dancer? This often involves having a talent, significant training, and a passion for this art form. Training can be started at any age, and training usually takes this form: professional dancer trains in various styles of dance (ballet, contemporary, jazz, hip-hop, etc.) […]
20 FAQs About Creating and Marketing a Web Series Answered
1. What is a web series? A web series is a series of scripted or unscripted video content made specifically for online platforms such as YouTube, Vimeo, or streaming services like Netflix or Amazon Prime. Web series can range from a few episodes to full seasons, with varying lengths of each episode. 2. How do […]
25 Questions Answered About Streaming Services’ Role in Independent Films
1. What is the role of streaming services in independent film distribution? Streaming services offer independent filmmakers a direct channel to a global audience, circumventing traditional methods of distribution such as theatrical releases and DVD sales. Independent films can be accessed on platforms like Netflix, Amazon Prime, Hulu, and more, the
30 FAQs Answered About Hosting a Successful Virtual Open Mic Night
1. What is a virtual open mic night? A virtual open mic night is an online event where participants perform live (or pre-recorded) performances such as music, poetry, comedy, or spoken word in front of a virtual audience, typically via a video conferencing platform like Zoom, YouTube Live, or Facebook Live. 2. Which virtual platform […]
40 Questions Answered About Creating Viral Content on Social Media
1. What makes content go viral? Content goes viral when it resonates deeply with a large audience, evokes strong emotions (e.g., laughter, surprise, empathy), and is easily shareable. Factors like humor, relatability, and timeliness also play a crucial role in viral content. 2. What types of content are most likely to go viral? Videos (especially [