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Congress is preparing to let health insurance subsidies expire for millions of Americans, and the consequences will fall hardest on those ill equipped to absorb the blow: the self-employed or ...
The ₹12,500 crore IPO of HDFC Bank’s subsidiary, HDB Financial Services, opened for public subscription today June 25, 2025.
For example, say you're a self-employed contractor with a work truck that you only drive to job sites and the hardware store. Since your truck is only used for those business purposes, you can write ...
Self-employed individuals pay 15.3% in Social Security and Medicare taxes. You can deduct half of this tax since W-2 employees only have to pay half at their jobs.
Luckily, car expenses and mileage can be one of the largest tax write-offs for entrepreneurs. The IRS standard mileage rate for tax deductions is typically near 65.5 cents per mile.
If you're a procrastinator like some of us, before you file that return, don't forget about certain write-offs to claim commonly missed credits. 7 On Your Side breaks down some tips to keep in mind.
New tax deduction rules can help self-employed Uber and Lyft drivers save money this tax season.The IRS allows two methods for deducting vehicle expenses. The standard mileage rate for the 2024 ...