When self-employed, you are typically left picking up the tab on some of the costs your employer otherwise would have covered, including Social Security and Medicare tax, not to mention an office ...

Although every situation is unique, it never hurts to review the basics to ensure you're approaching your self-employed taxes correctly. Another new thing for contractors — self-employment tax!

Look for these 15 deductions, from home office expenses to self-employment taxes. Consult with a tax professional to ensure you don't miss any deductions for the 2024 tax year. Are you self ...

Without access to employer-sponsored 401(k) plans, self-employed workers must pursue other strategies for retirement saving. Small business owners often reinvest in their businesses instead of ...

Self-employment has its perks, but being your own boss can lead to headaches come tax season. In addition to the income tax, you’ll need to pay self-employment taxes that support the Social ...

As the end of March approaches, First Richvale Corp. (FRC) underscores the specialized tax benefits and filing methods available to Ontario educators and healthcare professionals. With personal and ...

It's important to keep detailed records in the event of an audit. From long hours to variable income, self-employment can be a tough way to make a living. Having to report your own business income ...