If you're self-employed, you pay both the employee and employer share of FICA taxes. Learn how the 15.3% self-employment tax ...

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 have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions. These deductions can lower your taxable income, and save a bundle in taxes ...

The Tax Court held that the IRS had not conceded a taxpayer’s liability for self-employment tax on freelance writing and memorabilia sales income by sharing information with the Social Security ...

Forget Halloween or the clocks going back, October is an important month when it comes to taxes. There are two key tax dates during October, affecting new landlords or self-employed people and also ...

Self-assessment tax returns must be submitted each year by the self-employed and people who owe tax on income they've received. Find out how to complete a tax return for the 2024-25 tax year, and what ...

SELF-employed workers are bracing for a brutal January tax bill that is due within days – with some facing a shock demand ...

Millions of Americans file taxes, even though they may not owe anything. Here are the requirements and other good things to ...