Your adjusted gross income is more complicated because self-employed individuals receive certain income tax deductions not available to standard employees. Your adjusted gross income equals your total ...

While taxable income and adjusted gross income (AGI) might sound similar, they refer to different stages of your income after certain deductions and adjustments have been applied. AGI starts with your ...

When you’re new to the world of self-employment, one of the major factors that appeals to you is that you’re essentially the ...

If you made money last year from a side hustle or gig work, tax time can feel stressful and confusing. We're here to help. Self-employment taxes are the Social Security and Medicare taxes individuals ...

Discover what sundry income is, its impact on business finances, and see examples such as royalties and late fees. Learn how ...

Unearned income is highly useful for anyone looking to accumulate wealth, but it does come with tax consequences. Here’s the deal. What Is Unearned Income? What’s the Difference Between Unearned ...

Ask the Underwriter is a regular column for HousingWire's new LendingLife newsletter, addressing real questions asked to, and answered by, professional mortgage underwriter, Dani Hernandez. When ...

There are around 4.31 million self-employed workers in the UK according to recent government figures. If you are among them – and therefore without employer-based sick pay – being unable to work will ...

It’s no shame to admit that inefficiencies are dragging down your finance-focused business. One survey cited by CIO Dive found that some organizations are leaking $1.3 million annually because of ...

The great thing about working for someone else is that it saves you time on tax prep. Your taxable income, Social Security and Medicare taxes are all figured out on your federal W-2 form. Figuring out ...