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Matt Brown

The Self-Employment Tax Hub — Free resources to conquer freelance taxes and save money

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Bonsai has helped 250,000+ freelancers run better businesses. Taxes are a common area of confusion, so we made all of our resources free and public to help freelancers. These include tax calculators, common tax deductions by work type, and much more.

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Matt Brown
Maker
Hi everyone, Matt from Bonsai here! We originally launched Bonsai on Product Hunt 5 years ago last month, and have since gone through YC and built a fast-growing, profitable company. We owe the Product Hunt community for your help early on in that journey, so thank you! :) In those last 5 years we’ve helped hundreds of thousands of freelancers manage their businesses. A large and recurring theme is confusion and frustration with self employed taxes. This is unfortunately one of the trickiest (and most annoying) parts of being self employed. We put together a bunch of content for our paying users on the topic, and then decided to make it free and public for everyone. As the year comes to an end and you start reflecting on 2020 and planning for 2021, we hope this gives freelancers some help and confidence in managing their finances. We’ve put together a couple resources to help you get ready for tax time: - a tax calculator to estimate your 1099 taxes - lists of common tax write offs by freelance work type - a free ebook with everything you need to know about your taxes The team and I will be around during the day to answer any questions you have!
JM
Good if you're in the USA - I'm not.
Matt Brown
Maker
@new_user_1810f109da Good feedback, we have made that more explicit on the site. The majority of our users are in the US, so that's who we started publishing this for. Unfortunately it's also complex enough in the US before supporting other countries, but that's definitely on our radar. What country or countries would you like to support?
JM
@new_user_1810f109da @matttbrown Yeah I can imagine it's pretty complex. I'm in the UK, a much smaller freelancer market than America but still significant (and growing)
Victor Duarte
It keeps surprising me how such products promote themselves to a global audience without mentioning anywhere that they only operate in their country of origin. The whole content only applies to USA, but "let's wait until Sherlock finds out". What do you gain wasting peoples' time when they are unable to use your product anyway?
Matt Brown
Maker
@zvictor Hi Victor, thanks for your feedback. It's definitely not our intention to "trick" anyone, as no one benefits from that. The majority of our users are in the US and the product is geared towards them, but we certainly can make that more explicit and have already done so on this landing page. Cheers,
Victor Duarte
@zvictor @matttbrown Thank you for the reply! Would you consider adding the 🇺🇸 flag next to "United States", or somehow make it even more visible? I would happily change my review to positive if so 🙂
Georgy Alaverdyan
@zvictor @matttbrown yeah, you should that. Actually, lots of services should — most of the time when I wanted to use the service, I found out that I cannot because I’m a non-US resident.
Paul Brenson
Love this guys. So much content! It's impressive!
Madhav Bhandari
Maker
Happy to answer any questions!
Eric Paul G.B.
Fantastic work folks! Sharing this with my friends doing freelance work.
Redon Gjika
Bonsai doesn't cease to impress me. This is a goldmine of information and resources. Navigating personal taxes is a real challenge for most, so imagine having to do it for your business. Congrats on this launch and can't want to explore in details all this!
Ronan Wall
Really nice product @matttbrown. I'm currently building a freelancer platform, do you offer a white label version of Bonsai?
Matt Brown
Maker
@matttbrown @ronanawall Not at the moment unfortunately!
Steve
Just for USA
Ken Savage
Congrats @matttbrown and @themadbhandari One quick question, if my taxes seem a bit overwhelming this year (lots of w2) to do myself is there someone you could refer me to for more help?
Razvan-Aurelian Popescu
Great work guys! Amazing and in-depth content, perfect to help out freelancers in a difficult time such as taxes. Thanks for all the hard work you put into this!
Paul Arterburn
Thanks for this @matttbrown! Currently deep in knowledge building around this topic. Maybe you talk about this in the e-book, but it seems like a Solo 401(k) would be one of the bigger levers for certain freelancers to pull to reduce their tax burden...but not seeing it mentioned. Was that deliberately left out, and if so why?
Robert Thelen
Thank you for this tool. I have used it and love it. Looking forward to the tax hub.