I build bookkeeping spreadsheets for a living, so this is the same math I work in daily. Most of it comes down to the layer people skip: a 1099 rate that matches a W-2 gross still lands behind, because the worker pays both halves of the tax and handles quarterly estimated payments alone. The figure that made it click for the freelancers I've built tools with was per-invoice, not annual. 'Set aside this percentage on every invoice' is something someone can actually do; a yearly number just sits in a tab. Plain math, not tax advice.
The “true worth” framing makes the purpose pretty clear. Curious whether people find the comparison easy to understand on the first try.
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I built Real Contractor Pay to help 1099 contractors see their true take-home pay after taxes. It empowers freelancers to know their real worth, negotiate better rates, and make smarter career decisions.
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I build bookkeeping spreadsheets for a living, so this is the same math I work in daily. Most of it comes down to the layer people skip: a 1099 rate that matches a W-2 gross still lands behind, because the worker pays both halves of the tax and handles quarterly estimated payments alone. The figure that made it click for the freelancers I've built tools with was per-invoice, not annual. 'Set aside this percentage on every invoice' is something someone can actually do; a yearly number just sits in a tab. Plain math, not tax advice.
The “true worth” framing makes the purpose pretty clear. Curious whether people find the comparison easy to understand on the first try.