It should also help you find any deductions that might reduce your tax bill and make sure you complete all necessary forms for an accurate self-employed tax return. Below is a list of our top tax ...

There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

and you'll likely need to file more forms at tax time. Here's how to stay on top of it all. Tina Orem Self-Employment Tax: What It Is, How to Calculate It Self-employment tax is a mix of Social ...

Form 1099-MISC is used for compensation not subject to self-employment tax while Form 1099-NEC is used for compensation that is subject to self-employment tax. The IRS requires specific forms to ...

With the end of the financial year fast approaching, tax experts are reminding self-employed workers that they can claim some of their heating and household bills as tax expenses. If you are a ...

Listen to a short summary Read by Dana G. Your browser does not support the audio element.Taxes are due on Tuesday, April 15, ...