Saving for retirement on your own without an employer plan is a critical task. Tax time is the best time to fund your ...
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What Is a SEP IRA?
IRA, or Simplified Employee Pension IRA, is a retirement savings account for self-employed individuals and business owners.
The government plans to raise the tax-free threshold for trading income – here is how it could help your side hustle ...
One of the most common questions small business owners ask is, “Should I put myself on the payroll?” Unfortunately, like with most tax-related questions, the answer isn’t always straightforward.
IRS Forms 1099 for lawsuit settlements are common. They are issued to the plaintiff, lawyer or both, often for 100% to each.
With the tax filing deadline coming up on April 15, the IRS released its annual “Dirty Dozen” list of tax scams for 2025 to ...
Think your side gig income isn't significant enough to report? The IRS is increasing its focus on self-employed workers, with stricter reporting requirements and higher audit risks for Schedule C ...
If you are small-business owner or self-employed, there are a number of special tax credits and deductions that you qualify for. However, if you don't know to take advantage of them, you could ...
As people are finding new and different ways to make money, the idea of being self-employed, or possibly just a side hustle, becomes more widespread.  Although there are many tax advantages and ...
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security ...