Keep track of your income and expenses. This is crucial when you're self-employed because you'll need to report your earnings and expenses on your tax return.

Self-employed individuals are responsible for paying self-employment tax, which covers Social Security and Medicare. Depending on your income, you may also be subject to federal and state income taxes.

Take advantage of deductions. As a self-employed individual, you may be able to deduct expenses related to your business, such as home office expenses, travel expenses, and equipment purchases.

If you're unsure of how to file your taxes as a self-employed individual, or if you have complex tax situations, it may be worth hiring a tax professional to help you navigate the process.

File your taxes on time. Self-employed individuals are required to file taxes by April 15th each year.

If you're unable to file by that date, consider filing for an extension. Keep in mind that even if you file for an extension, you'll still need to pay any taxes owed by the April 15th...