With the rise of self-employment in India, the gig economy is booming. Although freelancers face challenges in obtaining ...

Many self-employed individuals, possibly millions nationwide, could be overlooking their opportunity to claim "Credits for Sick and Family Leave"—an immediate tax refund that puts as much as ...

The self-employment tax rate is 15.3% on net earnings (12.4% for Social Security and 2.9% for Medicare). Employers and employees share these taxes, each paying 7.65%.

Self-employed parents qualify for several money-saving tax deductions even if they work from home. ... The child and dependent care tax credit allows you to deduct up to $1,050 in childcare ...

Find out how much you qualify by visiting our website: www.selfemployedcredit.org Self-employed workers can apply for this credit, which grants up to $32,220 in tax credits, until May 1 this year.

If you’re self-employed, your taxes can be complicated. Our picks for the top tax software for self-employed people will give you the best help at the best price.

Here are 15 big self-employment tax deductions and tax benefits that could slash tax bills for freelancers, contractors and other people who work for themselves.

Call it what you want. The "SETC" payout. The "Self-Employment Tax Credit — the last pandemic program!" The COVID-19 tax break for gig workers and freelancers. "Self-employed?" asks one post on ...

Read our list of the best tax software for the self-employed for more information. Credit Cards. Best Credit Cards. ... Michelle is a credit expert, freelance writer and founder of CreditWriter.com.

Maximizing Tax Credits: What Self-Employed Americans Need to Know. Posted: March 19, 2025 | Last updated: March 19, 2025. None. More for You ...

The self-employment tax is 15.3%, which is 12.4% for Social Security and 2.9% for Medicare. Generally, it applies to self-employment earnings of $400 or more.