When tax return season rolls around, married couples have to decide whether to file their taxes jointly or separately. Filing jointly is far more common and usually results in a lower tax bill.

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 ...

Freelancers, also known as independent contractors, face unique tax challenges. Unlike traditional employees, they must handle their own tax obligations, including estimated tax payments. The IRS ...

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Independent contractors and small-business owners face unique financial challenges, particularly when it comes to managing taxes and planning for the future. The freedom of self-employment brings with ...