Learn how to effectively manage your self-employment tax with our comprehensive guide on strategies and tips for minimizing ...

While employers are often required to include all employees in fringe benefit plans and retirement plans, the same requirement does not apply with respect to independent contractors. If an employer ...

A sole proprietor who purchases health insurance in his individual name has established a plan providing medical care coverage with respect to his trade or business, and therefore may deduct the ...

Discover how self-employed financial advisors can overcome challenges like finding clients, managing costs, and maintaining motivation for successful solo careers.

If you made money last year from a side hustle or gig work, tax time can feel stressful and confusing. We're here to help. Self-employment taxes are the Social Security and Medicare taxes individuals ...

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 ...

As someone who’s been self-employed for two decades, saving for retirement is a challenge. I set up my own retirement accounts a long time ago, in addition to college savings and an emergency fund.

Self-employed workers need to pay Social Security taxes. But those workers also have access to several deductions. Many, or all, of the products featured on this page are from our advertising partners ...

Applying for a mortgage can be difficult, especially for people with nontraditional income sources, like self-employed workers, small business owners, gig workers, freelancers and anyone else who ...

Learn how banks assess self-employed applicants for personal loans, focusing on credit health, income consistency, and debt ratios.