For the 2025 tax year, the 'One Big Beautiful Bill' made several changes to deductions and tax laws. Some of these will ...

The working hours and happiness of the self-employed are starting to recover—five years on from the downturn induced by the ...

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 ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

We break down the definitions and eligibility rules for the five IRS filing statuses to help you maximize your refund this ...

Navigating the seas of self-employment can be rough. We've got answers to common questions so you can have smoother sailing.