Self-employed individuals have their own unique opportunities at tax time. Here are some of the most generous tax deductions available to the self-employed.
KEY TAKEAWAYS Fewer self-employed workers who accept payments through a third-party service, such as PayPal or Square, will receive a form reporting their 2025 income. That means it will be up to them ...
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 ...
Use this guide for a step-by-step explanation of how Schedule C works and how to fill it out so you can make sure you’re filing your taxes correctly. Each year, sole proprietors have the chore of ...
A prior case already exempted certain partnership income from self-employment taxes in Texas, Louisiana and Mississippi.
Residents in three states don't owe self-employment tax if they're a true limited liability partner under the law.
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 ...
Xactus, a fintech and market leader in verification solutions across financial services, today announced the acquisition of Baleen Solutions, a technology provider specializing in automated ...
Limited partners are not subject to self-employment taxes in a case recently decided by the Fifth Circuit Court of Appeals.