The Internal Revenue Service (IRS) has released updated Schedule SE tax form and instructions for the tax years 2023 and 2024. TRAVERSE CITY, MI, US, January 12, 2024 ...

If you’re self-employed, you already wear many hats—owner, operator, and maybe even accountant. But one critical role you may not think about as often is that of your own payroll department. Unlike ...

Navigating the process of filing taxes when you’re self-employed can be intimidating, especially for a first-timer. If you’re not sure how self-employment taxes work or are wondering what ...

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 ...

Working for yourself can be very fulfilling, but it requires attention to detail — especially when it comes to your taxes. The tax challenges of self-employment make it even more important that you ...

Q: Last year, I started working as a self-employed Web page designer. What must I do to get credit for my income with the IRS and Social Security? A: You report your net earnings for Social Security ...

The prospect of earning money on your own terms can be exciting, but many freelancers underestimate their tax liabilities. Laurice Wardini, a freelance writer and the co-founder of ClothedUp, says, “I ...