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Self-Employment Tax

Top 10 Tax Breaks to Consider on Extended Returns

If you requested an extensionfor your 2023 federal income tax return, you have until six months...

Key Rules for Home Office Deductions

Do you work from home all or part of the time? If you're self-employed and meet certain...

Social Security Wage Base and Earnings Test Amounts Increase in 2024

The Social Security Administration (SSA) recently announced that the "wage base" for computing...

Crypto: What Taxpayers Need to Know

Cryptocurrencies have gone mainstream. You can now invest in them and use them to buy and sell many...

Keeping Tax Score on NIL for Student-Athletes

College student-athletes can now get paid for certain things, under the National Collegiate...

Do You Owe SE Tax on Home Rental Income?

If you rent out a second home—or part of your main residence—you may be unclear about whether you...

Key SECURE 2.0 Provisions for Employers

The Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0) includes important...

Is Self-Employment Right for You?

For some time now, the media has highlighted the so-called "Great Resignation," where legions of...

Self-Employed Business Owners: What’s the Right Retirement Plan for You?

If you own a successful small business with no employees, you might be ready to set up a retirement...

Do LLC Members Owe Self-Employment Tax?

The federal tax code's self-employment tax provisions were enacted long before the existence of...