Being self-employed offers freedom, flexibility, and the opportunity to build something on your own terms—but it also brings tax complexity, unpredictable income, and bookkeeping responsibilities that can quickly become overwhelming. At Kawatra CPA, we help freelancers, gig workers, and solo business owners in Nashville manage their finances with confidence.
Whether you’re running a creative business, consulting practice, online store, or independent trade, we provide expert tax planning, accounting, and advisory services tailored for self-employed professionals.
Why Self-Employed Professionals Need CPA Support
When you work for yourself, you wear every hat—sales, operations, billing, and finance. Without a dedicated financial advisor, it’s easy to make mistakes that cost time, money, or even trigger IRS penalties. Self-employed individuals often face:
- Confusion around quarterly estimated tax payments
- Challenges tracking deductible expenses like home office or mileage
- Uncertainty about business structure (LLC, sole prop, S-Corp)
- Difficulty separating personal and business finances
- Stress over year-end tax filing and 1099s
- Missed opportunities for retirement contributions and savings
At Kawatra CPA, we help you simplify your finances, minimize your taxes, and set your business up for long-term success.
Who We Serve
We specialize in working with self-employed professionals across a variety of industries in the Nashville area, including:
- Freelance designers, writers, marketers, and developers
- Consultants and business coaches
- Musicians, artists, and creatives
- Gig workers and contractors (Uber, Lyft, TaskRabbit, etc.)
- Independent real estate agents and property managers
- Personal trainers, yoga instructors, and wellness professionals
- Handypeople, landscapers, and skilled tradespeople
- Online sellers, content creators, and influencers
No matter what kind of self-employed work you do, we customize our services to fit your goals and simplify your financial life.
What We Offer: Services for Self-Employed Individuals
Self-Employed Tax Preparation and Filing
Filing taxes as a self-employed person is very different from filing as a W-2 employee. We ensure you get all your deductions and avoid costly errors. Our services include:
- Federal and state tax return preparation
- Accurate Schedule C or 1120-S filings (depending on entity)
- 1099 income reporting and reconciliation
- Home office, mileage, and equipment deductions
- Business vs. personal expense categorization
- Depreciation schedules for major purchases
- Tax strategies that reduce your self-employment tax
We’ll also ensure you’re tracking correctly throughout the year—so there are no surprises come April.
Quarterly Estimated Tax Planning
As a self-employed individual, you’re responsible for paying estimated taxes every quarter. We help you:
- Calculate accurate quarterly payment amounts
- Avoid IRS underpayment penalties
- Set up smart systems to save for taxes
- Review and adjust projections as income fluctuates
- File and submit estimates on time through the correct channels
With proactive planning, you can stay compliant and avoid the year-end scramble.
Bookkeeping and Expense Tracking
Proper recordkeeping helps you stay audit-ready and increases the value of every tax deduction. Our bookkeeping services for self-employed clients include:
- Monthly categorization of income and expenses
- Reconciliation of bank and credit card accounts
- Cloud accounting setup (QuickBooks, Xero, or Wave)
- Receipt tracking and digital document storage
- Real-time financial snapshots so you know where you stand
Even if you’re using a spreadsheet now, we’ll help you transition to a cleaner, more efficient setup.
Business Formation and Entity Selection
Are you currently a sole proprietor? We can help you decide if switching to an LLC or S Corporation would reduce your taxes and protect your liability. Our services include:
- Comparison of entity types (Sole Prop vs LLC vs S-Corp)
- EIN registration and state filing support
- Setup of business bank accounts and chart of accounts
- Filing of S-Corp election forms with the IRS (Form 2553)
- Ongoing payroll and compliance support if needed
Many self-employed professionals are overpaying in taxes simply because their entity type doesn’t match their income level. We’ll help you evaluate and adjust.
Retirement and Financial Planning
As your own boss, it’s up to you to plan for your financial future. We’ll help you:
- Maximize contributions to a SEP IRA, Solo 401(k), or Roth IRA
- Determine which plan works best based on income
- Track retirement savings as part of your tax strategy
- Understand how deductions and investments affect your bottom line
Saving for retirement as a self-employed person is not only smart—it can also significantly reduce your current tax bill.
Why Self-Employed Professionals in Nashville Choose Kawatra CPA
Working with Kawatra CPA means you get more than a tax preparer—you get a year-round partner who understands the ups and downs of self-employment.
- Local expertise: Based in Nashville, we understand Tennessee tax law and local licensing issues.
- Hands-on support: You’ll never be just a number. We know our clients by name and keep your goals front and center.
- Real experience: We’ve helped hundreds of self-employed professionals navigate tax seasons, audits, and business transitions.
- Confidential and secure: Our client portal makes document sharing safe and simple.
Whether you’ve been self-employed for years or are just starting your freelance journey, we provide practical advice and strategic financial support that moves your business forward.
Ready To Take Control of Your Finances?
If you’re self-employed in Nashville and looking for a CPA who truly understands your world, Kawatra CPA is here to help. Let’s reduce your tax burden, get your books in order, and help you build a more profitable future.
Office: 2200 21st Ave S, Suite 403, Nashville, TN
Phone: (615) 329-9400
Email: kawatracpa@gmail.com
Website: www.kawatracpa.com