Using a tax-advantaged retirement account, especially when you're self-employed, is one of the best ways to make sure you have a secure financial future. Many introverts excel at running their own ...

There are many valuable self-employment tax deductions for freelancers, contractors and other self-employed people who work for themselves. Here are 15 big ones to remember. 1. The home office ...

Self-employment tax is a mix of Social Security and Medicare taxes. Use our calculator to estimate what you owe. Many, or all, of the products featured on this page are from our advertising ...

When you’re self-employed, you’re responsible for paying both the employer and employee portions of taxes. Here’s how to calculate both. FICA taxes are the taxes that are taken out of your ...

How do self-employed expenses work? If you're self-employed you'll be charged tax based on the amount of profit you've made in a tax year, but there are a number of expenses you can claim that will ...

With over a decade of experience as a small business technology consultant, Alana breaks down technical concepts to help small businesses take advantage of the tools available to them to create ...

A SIMPLE IRA, or Savings Incentive Match Plan for Employees, is a type of traditional IRA for small businesses and self-employed individuals. As with most traditional IRAs, your contributions are ...

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).

Although every situation is unique, it never hurts to review the basics to ensure you're approaching your self-employed taxes correctly. Another new thing for contractors — self-employment tax!

multi-authorization wallet called Ledger Vault. In June 2019, it worked with stablecoin project TrustToken to launch TrueHKD. Though its regulatory clearance in Hong Kong and availability to the ...

Here are our top tax software picks for freelancers, self-employed people and 1099 contractors. Our ratings take the following features into account and weight them according to category ...