Many self-employed individuals, possibly millions nationwide, could be overlooking their opportunity to claim "Credits for Sick and Family Leave"—an immediate tax refund that puts as much as $32,220 ...

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Self-employment tax strategies refer to various approaches that self-employed individuals can utilize to minimize their tax liability and optimize their financial situation. These strategies aim to ...

Self-employment gives you the freedom to set your own hours and be your own boss. But with that freedom also comes the responsibility of managing your own taxes. The good news is that the tax code ...

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 ...

The general rule is that any ordinary and reasonable expense you pay while conducting a business activity is deductible in ...

If you’re self-employed, you’ll usually have to pay higher Social Security and Medicare taxes, collectively known as self-employment taxes, than if you were an employee of a company. One way to help ...

Call it what you want. The "SETC" payout. The "Self-Employment Tax Credit — the last pandemic program!" The COVID-19 tax break for gig workers and freelancers. "Self-employed?" asks one post on ...

Jill A. Chafin is a personal finance writer specializing in transforming tough financial topics into easy-to-understand content with actionable steps. Prior to her role at Forbes Advisor, she wrote ...