There are a lot of benefits that go along with being self-employed. One of which are the tax advantages. These benefits won’t happen without a little effort, though. You must be diligent about keeping records, organizing all receipts and paying estimated taxes. With some foresight, budgeting, and good record-keeping you should be well on your way. Below, are some things to keep in mind as tax season approaches. First and foremost, it’s important to verify your independent contractor status.