Self-employment offers control, freedom and income opportunities that salaried positions may not. Being in charge of your own business decisions also means being responsible for meeting all your own ...

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

From side hustles to full-time self-employment, H&R Block's tools and support help freelancers manage their taxes with ...

Learn how to effectively manage your self-employment tax with our comprehensive guide on strategies and tips for minimizing ...

According to the Internal Revenue Service, individuals who are compensated for providing services to others are classified either as employees or as self-employed individuals. The IRS rules differ ...

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 ...

Self-employment taxes can add up for independent contractors, but tax deductions are a welcome perk. Many, or all, of the products featured on this page are from our advertising partners who ...

Sole proprietorships are the simplest business entity — their taxes are pretty straightforward, too. Many, or all, of the products featured on this page are from our advertising partners who ...