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

Are you self-employed? You might be, even if you don’t own or run an official business. Self-employment means you work for yourself, and it comes in many forms.

Filing taxes when you’re self-employed can be, well, taxing. But there are steps you can take to make the process easier. The steps are: 1. Start early: Mark when tax returns are due.

Self-employment is also critical for older adults. 46 Self-employed workers skew notably older than wage workers: Nearly 1 in 4 self-employed workers are 60 years old or older, compared with 11.3 ...

Self-employed people are often solely responsible for paying the Social Security and Medicare taxes that they would otherwise split with an employer, and "the self-employment tax rate is 15.3% on ...