Navigating the seas of self-employment can be rough. We've got answers to common questions so you can have smoother sailing.
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 ...
If you're self-employed, you pay both the employee and employer share of FICA taxes. Learn how the 15.3% self-employment tax works and how to manage it.
The Tax Court held that the IRS had not conceded a taxpayer’s liability for self-employment tax on freelance writing and memorabilia sales income by sharing information with the Social Security ...
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 ...