If you rely on other people to hire you on a per project basis, you operate on a freelance basis, and you are generally free to accept other assignments and are not limited to doing work for a single ...

As people are finding new and different ways to make money, the idea of being self-employed, or possibly just a side hustle, becomes more widespread. Although there are many tax advantages and other ...

If you earned any income in 2015 that didn't have payroll and Medicare taxes deducted, you may have to pay an additional tax known as self-employment tax, which unfortunately can take another 15.3% ...

It is important to determine whether a worker is employed or self-employed, mainly because it affects the way tax payments are calculated. Employment status also determines how employers must pay ...

I have always wanted to run my own business. I blame my dad for this outlook as he was a self-employed builder all his life. He never had a boss, instead of finding his own work using the skills he ...

Anyone who starts their own business eventually needs to learn how to file taxes as a self-employed worker. The alternative, not filing taxes and seeing your back taxes bill balloon over the years, ...

Second Sunday Series — Editor’s Note: This is the first of 12 columns on starting a business that will appear in the next 12 months– one on each second Sunday of the month, from September through ...

Subscribe to The St. Louis American‘s free weekly newsletter for critical stories, community voices, and insights that matter. Sign up A self-employed retirement plan is a tax-deferred retirement ...

If you’re 54 with $320,000 in your IRA, you’re ahead of the game on the retirement savings front compared to the typical ...

Post pandemic, we’ve seen waves of changes in the workplace - from when we work to where we work with choices like remote vs. hybrid as determining factors within recruiting and retention. We’re also ...

The coronavirus pandemic has changed the way many people approach work and has caused numerous people to change professions and reexamine their priorities. Some people may have started their own ...

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 ...