Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

If you’re self-employed, you’ll need to pay both income and self-employment taxes. Here are some ways you can reduce the amount you owe. There are many advantages to self-employment in comparison to ...

Navigating the seas of self-employment can be rough. We've got answers to common questions so you can have smoother sailing.

If you have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions. These deductions can lower how much of your income is considered during ...

It is important to determine whether a worker is employed or self-employed, mainly because it affects the way tax payments are calculated. Employment status also determines how employers must pay ...

Kim Porter began her career as a writer and an editor focusing on personal finance in 2010. Since then, her work has been published everywhere from Forbes Advisor to U.S. News & World Report, Fortune, ...

What is self-employment tax? The federal self-employment tax is composed of Social Security and Medicare taxes, which are also known together as the Federal Insurance Contributions Act (FICA). For ...

Danni Santana spent nine years as an editor and business journalist covering industries including sports, retail, restaurants, and personal finance. He is a graduate of the Craig Newmark Graduate ...