(MoneyWatch) If you plan to start a small business and pay yourself, you'll need to know a thing or two about the taxes you owe. One special tax that trips up a lot of small business owners is the ...
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 ...
Those who need to submit a self assessment must do so by 31 January, but the process can sometimes be confusing.
Social Security was founded during a time when most people worked as employees, and far fewer people identified with being self-employed. Thus, the system was set up to collect Social Security and ...
SELF-employed workers are bracing for a brutal January tax bill that is due within days – with some facing a shock demand ...
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 ...
Saving for retirement can be harder if you're self-employed. Here's what you need to know about setting up and contributing ...
Millions of new self-employed workers are being warned they may face a 150pc tax bill in January under self-assessment rules.
LinkedIn is a business networking site and platform that lets business owners and executives connect with their peers. In today's job market, with more and more people realizing that self-employment ...
Few lenders are starting to move beyond the traditional metrics and experimenting with alternative data signals to cater to ...
Here's how self-employment taxes work. See the table and example for tax rates, income limits for Social Security taxes, and how to calculate what you owe in the 2016 or 2017 tax years. Self-employed ...