U.S. Tax Code Review for ATA Members (2018)

Wondering how the new U.S. tax code will impact your freelance business? We did, too. At the request of ATA and its President-Elect Ted Wozniak, the accounting firm Raffa has reviewed the tax changes and prepared the summary U.S. Tax Code Review for ATA Members (2018).

This summary is specifically for freelance translators and interpreters. While it’s only three pages, the details may be intimidating. You’ll want to plan to spend some time reading through the document at least once and quite possibly two or three more times. It’s worth the work to understand what the new code will mean to your finances.

This summary is intended solely as general information and may not be considered tax or legal advice; nor can it be used or relied upon for the purpose of avoiding penalties under any taxing statute. Consult your accountant for professional advice specific to your business.

Login to ATA MembersOnly to download the summary.