— If you’re self-employed, you’ll need to file taxes throughout the year, typically via quarterly payments. — The self-employment tax is 15.3%, a combination of Social Security and Medicare taxes. — ...

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 ...

Large group of happy college students celebrating their graduation day outdoors while throwing their caps up in the air. Congratulations on your graduation! College is a wonderful time to learn what ...

Kim Porter began her career as a writer and an editor focusing on personal finance in 2010. Since then, her work has been published everywhere from Forbes Advisor to U.S. News & World Report, Fortune, ...

When you’re self-employed, you’re responsible for paying both the employer and employee portions of taxes. Here’s how to calculate both. If you’re self-employed – either on a full-time basis or just ...

From Missed Payments to IRS Notices, Clear Start Tax Helps Freelancers and Small Business Owners Resolve Back Tax Issues and Avoid Costly Penalties IRVINE, CALIFORNIA / ACCESS Newswire / April 11, ...

Financial YouTuber Tae Kim recently posted a video, “Optimal Order Of Investing For Self-Employed,” addressing this very topic. Here’s how he said to invest in yourself and your financial future. Set ...

Being self-employed gives you the freedom and flexibility to be your own boss. However, one major drawback of being your own boss is securing your own affordable health insurance. We all know that our ...