As a self-employed business owner, you must pay your own share of FICA tax. FICA tax is a combination of the Social Security and Medicare taxes that you are required to contribute to the Social ...

With the gig economy booming, more and more people are taking side hustles and weekend jobs to earn extra money — some are even opting to make the leap into full-time self-employment. But when you ...

In a perfect world, the income you receive would be all yours to keep. However, the tax man is on his way and any dollar you earn is subject to a tax bill. But what is taxable income? Is it everything ...

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 ...

SAN JOSE, CA, U.S., February 23, 2023 /EINPresswire.com/ -- FlyFin, the world's leading AI tax preparation and filing service, announced a new and improved Self ...

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, ...

We'll cover what this important tax document is, and then list ten key items stressing the importance of correctly filling ...

The worst part is that following the instructions like a good little freelancer won’t help you because the instructions are wrong. Healthcare.gov and the state exchange sites tell self-employed people ...

Reporting taxes, applying for a loan and making a new company budget will require you to know how much money you bring in each year. Annual income is one of the most valuable metrics for quick, ...

Be clear in your understanding of how you can benefit from a work-for-yourself setup. The prospect of long term work-from-home life may be enticing to some and terrifying to others. Regardless of your ...