What is self-employment tax? The federal self-employment tax is composed of Social Security and Medicare taxes, which are also known together as the Federal Insurance Contributions Act (FICA). For ...

This year, residents of 25 states can do their taxes using the IRS’s free Direct File service, as long as their taxes are relatively simple. This year, residents of 25 states can do their taxes using ...

— If you’re self-employed, you’ll need to file taxes throughout the year, typically via quarterly payments. — The self-employment tax is 15.3%, a combination of Social Security and Medicare taxes. — ...

Millions of Americans can file their tax returns at no cost, especially if they meet certain income requirements or have a simple tax return. Some programs are offered directly by the government, ...

You might think self-assessment tax returns are only for the self-employed, landlords and high-net-worth individuals, but more people than ever have had to complete one in recent years. Fiscal drag is ...

The end of January is upon us and with it comes a deadline many must take action before: filing a self-assessment tax return. It’s not always a job looked forward to, but it is an important one and ...

Filing taxes is a daunting experience for many Americans, whether it's their first time or they've been doing it for decades. The digital age has made it a lot easier to download your tax documents ...

Anyone who starts their own business eventually needs to learn how to file taxes as a self-employed worker. The alternative, not filing taxes and seeing your back taxes bill balloon over the years, ...