My guest on this episode is Robert Persichitte, a CPA and certified financial planner with Delagify Financial in Arvada, Colorado. 

Robert has guided business leaders and individuals with financial and investment decisions for over ten years. In this episode, we're talking taxes: deductions freelancers should take, ways to pay, and more. His expert guidance and insights are well worth a 20-minute investment of your time to save money. 

You can connect with Robert on LinkedIn or contact him via his website, Delagify Financial. 

Legal Disclaimer:
Delagify Financial is a Registered Investment Advisor (RIA) registered with the State of Colorado. The information contained in this presentation is for educational purposes only and is not intended to offer recommendations or tax advice. Tax advice will only be given after a client engages our services and shall be subject to the terms and conditions therein. The information is of a general nature and should not be construed as advice.

Carol J. Alexander, a freelance content marketing writer, is my guest on this episode of Freelancing After 50. Carol shares her story and talks about working part-time at first, the need to define a marketable niche, and the importance of self-care. 

Carol offered this advice regarding finding your niche: 

1. Make a list of all of your writing experience, everything that you've ever written before, whether it's an article, newsletter, or poem. 
2. List your professional experience—every job you've ever held. 
3. List your life experience: hobbies, things you do regularly, organizations you belong to, etc.  
4. Finally, as a category for anything else you can think of—if you've won awards, been written up in the paper, things like that. 
5. Once you get your list done, take two pens, a red pen and a blue pen. Go through your list and circle everything that was your favorite—something that you enjoy doing in red. Take your blue pen and circle the things you spend the most time doing.  
6. Look at what's circled in both blue and red, and that's where you start. 

You can connect with Carol via her website at CarolJAlexander.com or on LinkedIn. 

My next guest is Robert Persichitte, CPA. We're going to talk about a subject that strikes fear in every freelancer's heart: taxes. I can assure you that Robert's insights and wisdom will allay your fears. 

In the meantime, subscribe to this podcast—it's available on Spotify, Apple, Google, Amazon, and other outlets. Also, subscribe to the newsletter by the same name. You can do both by visiting the website, Freelancing After 50. 

~ Paul Chaney

This episode is a particularly important one because it addresses a topic most freelancers deal with routinely — managing uneven cash flow. My guest, Urban Adams, provides information about that topic and the need to set aside funds for lifestyle planning, paying taxes, and investing for retirement. 

Some of his primary talking points include: 

• Separate business and personal expenses to better manage cash flow.
• Give yourself a salary just as if you are a W2 employee.
• Set aside tax funds in a separate account and pay quarterly to avoid penalties and interest.
• Create a reserve for unexpected expenses and lifestyle planning. 
• Set up a SEP-IRA to invest for retirement.

Connect with Urban via his website and LinkedIn. 

Disclaimer (the legal stuff): Urban Adams is an Investment Advisor Representative with Dynamic Wealth Advisors. All investment advisory services are offered through Dynamic Wealth Advisors. Urban Adams also offers insurance brokering services; this is considered an outside business activity from Dynamic Wealth Advisors and is separate and apart from Mr. Adams’s activities as an investment advisor representative of Dynamic Wealth Advisors.

Note: Freelancing After 50 is not only a bi-weekly podcast but also a newsletter. Click here to see the latest issues and subscribe.