To help offset the self-employment taxes, there are quite a few self-employment tax deductions you can take to lower your ...

Self-employed or freelance and owe taxes? Learn which IRS tax relief options may help, including payment plans, penalty ...

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 other ...

Form 1099-MISC is for miscellaneous income. But Form 1099-NEC is for payments to independent contractors and adds ...

When you’re self-employed, you’re responsible for paying both the employer and employee portions of taxes. Here’s how to calculate both. If you’re self-employed – either on a full-time basis or just ...

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. In recent years, the IRS has devoted more resources to ...

Self‑employed people juggle cash flow, taxes and retirement. A financial advisor can help you save money and keep your business and personal finances aligned ...

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 ...