The general rule is that any ordinary and reasonable expense you pay while conducting a business activity is deductible in ...

Self-employment, a vital engine of the U.S. economy, presents both unique challenges and significant opportunities.

Learn how self-employment tax works, the current rates, filing requirements, and deductions for self-employed individuals.

For the self-employed, there is no biweekly paycheck, no promise of continued employment, and no employer-provided retirement contributions or health insurance.

The past decade of self-employment has taught me 10 valuable lessons about the realities of going from full-time corporate employee to self-employed business owner.

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.

Image Credit: Ketut Subiyanto; Pexels The post The Sunny Side of Self-Employment: Summer Survival Guide for Freelancers and Entrepreneurs appeared first on Due.

Self-employment is often championed as a route out of poverty for the unemployed and those on low incomes, offering independence, flexibility and financial autonomy. However, for informally self ...

Results show that self-employment was beneficial for heart risk factors among both white women and women of color.

Are you self-employed or considering self-employment? Here is what you need to know about being your own boss.

See our cheat sheet on the taxes, breaks and business deductions that apply to workers who get 1099s.

Your adjusted gross income is more complicated because self-employed individuals receive certain income tax deductions not available to standard employees. Your adjusted gross income equals your ...