NEWS & UPDATES

The IRS uses a specific formula to determine how much tax you should be paying if you're a freelancer, independent contractor or working...

It's a penalty if you don't file your estimated taxes by the deadline. The IRS makes it a penalty for not filing taxes if you don't pay...

The world of modern business is going digital in several aspects -including finances. Small business owners nowadays have moved ahead...

Getting the late filing penalty might not be the end of the world. However, there is always a right way and a wrong way to file taxes....

Working as a delivery guy at Instacart is a great way to make $200-$500 a week. If you need extra cash, you can be the Instacart shopper...

Technology has made a hybrid work environment and work-from-home a new standard. Working in your pajamas on your couch sounds like a...

If you are a freelancer, have a side gig, run a small business, or work for yourself, every sole proprietor should know about schedule C.

Being a self-employed freelancer in America is a dream come true for many. The Top five self employment forms that you should know about

Employees have two choices for paying their income taxes. They can ask the employer to withhold a certain amount from their paychecks, or...

Freelancers, small business owners, and employees with a side gig must file Schedule C to report their income from multiple sources. It...

The IRS declares a deadline for filing your income tax returns. By this due date, each taxpayer who reports a taxable income has to file...

Form 1040 is the standard tax form introduced by the IRS (Internal Revenue Service) that every US citizen needs to file with IRS. The...

If you are an independent contractor working for multiple clients on a freelance basis, you need to file a Schedule SE tax form to report...

In simple words, we can define quarterly taxes, or estimated quarterly payments are taxes that a self-employed person has to pay to the...

The IRS Form 1099 is a document that American taxpayers use to provide information to the Internal Revenue Service about all the...

Generally, we can define tax deduction as an item that can be subtracted from a person's taxable income to reduce their overall tax...

Form 1099 is a tax form issued by the Internal Revenue System for reporting certain income received during one financial year. Simply...

Employers had no option but to adapt to the rising trend of remote work arrangements after the epidemic forced the closure of many...

You need to become familiar with the write-off for travel bloggers if you are a blogger. You'll need to know this if you want to go on a...

Paying estimated quarterly taxes four times a year may appear to be a hassle. You can lower your tax burden by paying your estimated tax...