The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that ...

As we step into 2025, understanding the fiscal responsibilities of self-employed individuals is crucial. Social Security taxes form a significant part of these obligations.

A confidential consultants’ report has called into question how two Irish State agencies have been unable to agree whether or ...

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

Some of the gap in counting the self-employed population may result from differences in how those who combine traditional employment and self-employment are counted.

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

As self-employed workers are both the employee and the employer, these retirement accounts allow for substantial contributions above what a salaried worker can save through an employer plan.

Learn the ins and outs of how to file taxes for self employment with our detailed guide.

I’m Self-Employed. Here’s What I Always Include in My Contracts Remember, it’s not a real project until there’s a signed contract.

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.

These plans also allow self-employed individuals to contribute both as an employer and an employee, allowing them to save more overall.

Self-employed individuals can contribute to SEP-IRA plans, as can business owners -- however, business owners must make contributions for all employees at the same fixed percentage of employee pay.