If you're self-employed or don't have taxes withheld from other income, you may need to make quarterly tax payments to avoid a penalty.

Around 10% of American workers are self-employed, running small businesses and offering services as independent contractors. With the gig economy booming, millions of people are also taking side ...

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 ...

The IRS has released its inflation-adjusted tax figures for 2026, incorporating sweeping changes from ...

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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 ...

Mike Cetera is the editor in chief for Forbes Marketplace U.S. Mike has written and edited articles about mortgages, savings accounts, CD rates and credit cards for more than a decade. Prior to ...

Side gig income can be a great way to boost cash flow, pay down debt or build savings. But as a gig worker, you may be unaware that the money you make is fully taxable, the same as a regular paycheck.

Even small side hustle income is taxable. Learn how self-employment tax, tax brackets and losses can change your taxes.

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, ...