IRS Forms 1099 are critical to IRS information return matching so the IRS can match your tax reporting and send tax notices ...

You report your self-employment income on your regular income tax return, but you have to file a few additional forms. First, use Schedule C to calculate your net self-employment income.

Form 1040 and no schedules except for Earned Income ... year-round estimated tax payment reminders, and an exclusive self-employed tax guide. For freelancers, contractors, and gig workers with ...

The medical insurance premiums you pay on behalf of your employees can be deducted as an ordinary and necessary business expense on your Form 1040, Schedule C, thereby, reducing your taxable business ...

The number of questions on HMRC’s self-assessment forms has increased by 19% to 624 in 2024 from 531 in 2009, shows a study ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

The main way to reduce your bill at the last minute is to make sure you are claiming all reliefs and allowances you are ...

Those who have registered for a self assessment tax return are sent a unique tax reference number (UTR) by regular mail, ...

Your employer will provide you with a form including a reference ... must be declared on your self-assessment tax return. Working out if you’re self-employed for tax reasons is not as clear ...

The end of January brings with it the deadline for people to file a self assessment tax return in the UK, as well as pay any ...