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 ...

If you drive for a ride-hailing app, work a side gig or otherwise own a small business, you may have to pay self-employment taxes. These are based on your net earnings, which is your income minus ...

The Great Resignation may be creating a tax headache for a lot of people. Last year more than 47 million people quit their jobs. In the same year, a record 5.4 million new business applications were ...

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 ...

WASHINGTON, DC - MARCH 14: Prices for gas at an Exxon gas station on Capitol Hill are seen March 14, 2022 in Washington, DC. The cost of gasoline continues to rise across the globe and in the United ...

Explains how the IRS defines self-employment, including sole proprietors, contractors, partners, and gig workers, and clarifies who must comply with SE tax ...

If you’re self-employed, one way to help avoid higher Social Security and Medicare taxes is to organize your business as an S-corporation. If you’re self-employed, you’ll usually have to pay higher ...

As you progress through adulthood, there are pivotal moments when proving your income becomes necessary. These moments often mark significant milestones, paving the way for exciting life changes like ...

Gross income is the total of all income you receive before taxes. It’s also called pre-tax income. Net income is your income after taxes (or take-home pay). Your gross income figure will always be ...

Question: My son lives in Arizona and receives pension income from the Arizona Retirement System (ARS). He is 64 years old and is now single with no dependents. The ARS allows him to purchase health ...