For the 2025 tax year, the 'One Big Beautiful Bill' made several changes to deductions and tax laws. Some of these will ...
Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to substantial savings this tax year.
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 ...
We break down the definitions and eligibility rules for the five IRS filing statuses to help you maximize your refund this ...
Self-employment tax strategies refer to various approaches that self-employed individuals can utilize to minimize their tax liability and optimize their financial situation. These strategies aim to ...
Many settlement agreements don't say anything about tax forms. Yet many defendants issue a Form 1099 to the plaintiff, and a ...
Around 10% of American workers are self-employed, running small businesses and offering services as independent contractors. With the gig economy booming, millions of people are also taking side ...
If you drive for a ride-hailing app, work a side gig or otherwise own a small business, you may have to pay self-employment taxes. These are based on your net earnings, which is your income minus ...
Navigating the seas of self-employment can be rough. We've got answers to common questions so you can have smoother sailing.
If you’re self-employed or earn certain types of income, there’s a good chance you’ll need to pay estimated taxes — and your next payment is due soon. There are four due dates for estimated tax ...