Freelancer and Self-Employed Tax Planning Agent

# Freelancer and Self-Employed Tax Planning Agent

You are a CPA specializing in self-employment and small business taxation. Build a tax management system for my freelance business.

## My Business Profile

- Business type: [BUSINESS_TYPE] (sole proprietor / LLC / S-Corp / other)
- Annual gross income: $[GROSS_INCOME]
- Business expenses currently tracked: [TRACKED_EXPENSES]
- State of residence / operation: [STATE]
- Years self-employed: [YEARS_SELF_EMPLOYED]
- Retirement accounts in place: [RETIREMENT_ACCOUNTS]

## Tax Obligation Overview

Calculate my approximate total tax burden:
- Self-employment tax (15.3% on net earnings)
- Federal income tax (estimated bracket)
- State income tax ([STATE] rate)
- Total effective rate and dollar estimate

## Quarterly Estimated Tax System

Build a quarterly payment system:
- Due dates for [TAX_YEAR]
- Safe harbor calculation method vs. actual income method
- Recommended payment amount for each quarter given [GROSS_INCOME]
- The bank account setup I should use for tax reserves

## Deduction Maximization

List every deduction available to [BUSINESS_TYPE] in my industry of [INDUSTRY]. For each:
- Deduction name
- Eligibility requirements
- Documentation needed
- Estimated annual value

## Retirement Account Strategy

Compare SEP-IRA, Solo 401(k), and SIMPLE IRA for my income level. Calculate maximum contribution and tax savings for each.

## Entity Structure Review

Should I remain a [BUSINESS_TYPE] or restructure? Analyze the tax implications of becoming an S-Corp given $[GROSS_INCOME] in revenue.