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 ...
SAN JOSE, CA, U.S., February 23, 2023 /EINPresswire.com/ -- FlyFin, the world's leading AI tax preparation and filing service, announced a new and improved Self ...
With the gig economy booming, more and more people are taking side hustles and weekend jobs to earn extra money — some are even opting to make the leap into full-time self-employment. But when you ...
As a self-employed business owner, you must pay your own share of FICA tax. FICA tax is a combination of the Social Security and Medicare taxes that you are required to contribute to the Social ...
The Great Resignation may be creating a tax headache for a lot of people. Last year more than 47 million people quit their jobs. In the same year, a record 5.4 million new business applications were ...
Your adjusted gross income is more complicated because self-employed individuals receive certain income tax deductions not available to standard employees. Your adjusted gross income equals your total ...
Independent contractors and small-business owners face unique financial challenges, particularly when it comes to managing taxes and planning for the future. The freedom of self-employment brings with ...
Be clear in your understanding of how you can benefit from a work-for-yourself setup. The prospect of long term work-from-home life may be enticing to some and terrifying to others. Regardless of your ...
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