For the 2025 tax year, the 'One Big Beautiful Bill' made several changes to deductions and tax laws. Some of these will ...
Navigating the process of filing taxes when you’re self-employed can be intimidating, especially for a first-timer. If you’re not sure how self-employment taxes work or are wondering what ...
Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...
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 ...
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 ...
A 1099 tax form is a statement that details an amount of money that you were paid. Learn about this important tax document ...
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 ...
Use this guide for a step-by-step explanation of how Schedule C works and how to fill it out so you can make sure you’re filing your taxes correctly. Each year, sole proprietors have the chore of ...
Before filing your tax return, be sure you understand these 14 key tax forms, what they're for, and how they can impact your ...
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, ...