For self-employed individuals managing taxes effectively can have a significant impact on your financial situation One of the most advantageous opportunities for tax savings is the Self-Employed Tax C ...

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 ...

IRS' lowering income standard for self-employed from $20,000 to $5,000 a year means more 1099K forms are being sent in the mail ...

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

A Tax Court ruling that limited partners in an investment manager must pay Uncle Sam could cause some restructuring across ...

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 ...

Australia's large proportion of small business owners could reach their property goals sooner with the help of Liberty's free-thinking home ...

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.

New moms and dads can get parental leave benefits through the federal Employment Insurance (EI) program. Employees and ...

IRS Form 1099-K could be in your future if you sold items via online marketplaces like eBay and Venmo. Here’s what you need ...