Self-employed or freelance and owe taxes? Learn which IRS tax relief options may help, including payment plans, penalty ...

Learn the 2025 and 2026 FICA tax rates, Social Security wage base limits and Medicare surtax thresholds. See what employees ...

Learn how to pay quarterly taxes in 2025 and 2026, calculate estimated payments, meet IRS deadlines and avoid penalties. Read ...

Unless you’re one of the organised few, the tax return deadline is a stressful time for the self-employed. Whether you’ve recently taken the plunge, or you’re a seasoned pro, this could be the last ...

Puerto Rico’s residents don’t pay U.S. income taxes on income sourced to the island. That, and a special tax break for ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. The Good Brigade / Getty Images ...

Side gig income can be a great way to boost cash flow. But as a gig worker, you may be unaware that the money you make is fully taxable.

Limited partners are not subject to self-employment taxes in a case recently decided by the Fifth Circuit Court of Appeals.

Clergy taxation is one of the most frequently misunderstood areas in individual tax preparation. Ministers occupy a unique dual tax status—treated as employees for income tax purposes while simultaneo ...

Across the board, tax refunds are set to increase an average of $1,000 per household due to President Donald Trump’s tax cuts ...

New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.

We break down the definitions and eligibility rules for the five IRS filing statuses to help you maximize your refund this tax season. Dawn Allcot is a full-time freelance writer, content marketing ...