Your best bet is to talk to a tax professional as every situation is different. We have done a few posts about taxes as a freelance copywriter, here’s the link to our Q&A to offer some guidance – https://filthyrichwriter.com/copywriting-qa-planning-for-taxes/

It sounds like these are memberships for a business (most copywriters don’t have memberships!). In that case, you wouldn’t track them with your invoices – you track your invoices because you have to wait for them to be paid, while membership payments are automatically paid. Still, of course, you will need to track that income. You might want a master excel doc to track all of your income streams. Hope that helps!

Okay thank you! I’ll keep that in mind.

Hi A! Excel is a very user-friendly program and there are a lot of free resources on learning how to use it. For tracking income, you won’t need to have a very in-depth mastery of Excel, it’s really very basic. Hope this helps! Good luck!

Is Excel hard to use for a beginner?

I’ve never used Excel before and was never really good at statistics in college.

I’ve always felt a little intimidated by spreadsheets for this reason, but I’m beginning to think it’s the best and most simple option for tracking my income (in conjunction with PayPal.)

I’ve looked into QuickBooks, FreshBooks, Wave, etc but they come with a lot of unnecessary features that I don’t need.

Thanks in advance for your help 🙂

Hi Keshi,

I’m glad you found this helpful! Thanks for commenting. 🙂

Nicki

Hi Kate!

I’m glad you found it helpful – tracking doesn’t need to be nearly as hard as we often try to make it. 🙂

Thanks for commenting!
Nicki