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Income Tax Preparation When You're Self-Employed (Udemy.com)

Understand the basics regardless of changes in tax laws!

Created by: Nathan Lee

Last updated April 2018

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What you will learn

  • Learn how you can legally save hundreds of dollars in taxes, penalties, and interest you may be required to pay each year
  • Know when and how to make estimated tax payments to avoid penalties and interest
  • Understand the business deductions that may be available to you
  • Learn how to track income and expenses to reduce taxable net income
  • Know what forms you are required to file with your taxes from your self-employment income
  • Understand the questions asked by a tax professional or software about business operations

How it compares

Against the other 200 rated Udemy courses in Accounting on CourseDuck:

  • Rating4.2 out of 5higher than 9% of them
  • Reviews88#181 of 201 by number of reviews
  • Length1.4 hoursshorter than 91% of them
  • Last updatedApril 2018earlier than 91% of them

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Course Description

This new course is designed for freelancers, entrepreneurs, and side hustlers that don't want to pay more in taxes than they are legally required to! It is a simplified view of the taxes that may apply to those with self-employment income. The principles discussed don't change even when the tax law does!

In this course you will:

  • Learn to legally save on taxes, penalties, and interest you may be required to pay each year

  • Learn how to make estimated tax payments to avoid penalties and interest

  • Understand the business deductions that may be available to you

  • Know what forms you are required to file with your taxes from your self-employment income

  • Learn how to track income and expenses to reduce taxable net income

  • Become comfortable with any questions you may be asked by tax professionals or software regarding your business operations

Stop being confused and frustrated by the taxes you are paying on income received by being self-employed. Whether you are a side-hustler with just a little income or your sole-proprietorship supports you financially, the material provided in this course can help you keep more of your hard-earned money in your own pocket. 

Enroll now and be one step closer to saving money on your taxes year after year!

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Instructor Details

Nathan Lee

Hi! I'm Nate and I want to help you start and manage your small business in a way that will make you lots of money! I'm a CPA and tax professional with a real passion for teaching. I've spent years learning, teaching, and practicing income tax compliance with students, individuals, and self-employed professionals. I've also helped entrepreneurs and side-hustlers become comfortable and confident in operating their small business. My goal is to help you make the best choices for your business.

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Reviews

4.2

88 ratings on Udemy

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By Sandra Bettencourt on 8/12/2025

While the curse covered essential elements of self-employed taxes, a more in-depth exploration of specific deductions relevant to independent contractors would be appreciated.

By Momodou Jatta on 8/5/2024

It was a brief course but good for a refresher. I wish there were advanced courses on this topic.

By Adrianne Chapman on 2/7/2022

So far this course is topical. I am looking for more in-depth information and steps to take to prep and complete my taxes.

By Daylin Martin on 2/17/2021

One of the best if you are self employed very clear,helpful,engaged, teacher shows knowledge and understanding, highly highly recommend it

By Luke Stopani on 9/3/2020

Good course, especially if you are terrified of making tax mistakes. Forewarning, though, you are going to stay terrified until you actually do the taxes. Only after you file and the government doesn't kick in your door and throw you in prison do you realize "This dude really helped, and filing business taxes are actually nowhere as bad as it seems."

By Giovanna N Mason on 3/7/2020

It was great to be able to understand how certain calculations are made on the tax forms. Knowing this will definitely help me to make better decisions.

By Jerry Thurston on 7/29/2018

A couple of family members and I have started up a business. I feel that learning the material that this course teaches will be very beneficial to the operation of this business. The instructor keeps things straight to the point, which helps me to feel that I am not wasting time.

By Braeden Lee on 4/9/2018

As someone who is self employed, I thought that this course was very useful in helping me know how to file my taxes. I was very appreciative that he focused on how to get the most money back from my return, while still filing correctly. He simplified all the terms and made it easy to follow and understand.

By Erika Lee on 3/26/2018

This course is helpful for those wanting to understand self-employment taxes. The information is presented in a way that almost anyone can understand and use it. I would recommend this course to anyone who is self-employed or considering it.

By Kailani Klingler on 3/21/2018

Great course so far! This course is not too time consuming, and I feel like it is an efficient use of my time. It explains the information in a way that is easy for me to understand, even with just my basic knowledge of taxes.

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Overall Score : 84 / 100