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 ...
The IRS has a tax credit for you. You’ll need Form 7202, it’s for self-employed individuals to claim COVID sick and family leave tax credits under the FFRCA, Families First Coronavirus Response Act.
Expenses like a home office, car, insurance, and even your education bills could get you a big tax break Katharine Paljug is a financial writer and editor with over a decade of industry experience.
A new federal form from the Internal Revenue Service aims to help the self-employed claim sick and family leave tax credits under the Families First Coronavirus Response Act. Eligible self-employed ...
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 ...
Are you among the many Americans who switched to contractor work or started a side hustle last year? Now it's tax time, and you are unsure if you are doing things the right way. Although every ...
Taxpayers frequently have income reported on Form 1099-MISC. It may represent earnings from a trade or business that should be reported on Form 1040, Schedule C. If not, it generally is reported as ...