Learn how to effectively manage your self-employment tax with our comprehensive guide on strategies and tips for minimizing ...
If you have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions.
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 ...
The Ascent brings financial expertise, trusted advice, and unbiased analysis to the world of daily personal finance decisions. Our mission is to help you live more richly. Brittney started her writing ...
We like this tax software for its solid tools for self-employed filers and free federal filing for active military members.
TaxAct. TaxAct falls right in the middle of the personal tax prep services we test, both in terms of price and features. It ...
If you have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions. These deductions can lower how much of your income is considered during ...
TaxSlayer. TaxSlayer is a budget-friendly tax preparation app that supports all IRS forms and schedules, making it especially ...