Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division.

Gig work has been a game changer for many people, allowing them to parlay skills into side work that can add income without ...

"Self-employed taxpayers should prioritize compliance over inflated refunds," said the Head of Client Solutions at Clear Start Tax. "If you're unsure whether you qualify for a tax credit, it's best to ...

For most people, getting out of self-employment taxes will save a lot of money. LLCs do not allow that on their own. However, ...

it’s wise to estimate and pay those taxes by the regular tax deadline to avoid potential penalties. As a self-employed freelancer, there are numerous deductions you may be able to claim to lower ...

Taxpayer was liable for self-employment tax on income reported as “other income” and an accuracy-related penalty, the U.S. Tax Court held, affirming the IRS’s determinations. Taxpayer, an individual, ...