Deductions, also sometimes called tax write-offs, are eligible expenses that you can deduct on your return to lower the amount of income that gets taxed. There are many valuable self-employment ...

"Self-employed taxpayers should prioritize compliance over inflated refunds," said the Head of Client Solutions at Clear Start Tax. "If you're unsure whether you qualify for a tax credit, it's best to ...

Taxpayer was liable for self-employment tax on income reported as “other income” and an accuracy-related penalty, the U.S. Tax Court held, affirming the IRS’s determinations. Taxpayer, an individual, ...

When you’re self-employed, you often have to worry about calculating business income, tracking expenses, searching for write-offs and possibly paying self-employment or business taxes too ...

The IRS has identified a surge in deceptive promotions suggesting that self-employed individuals are eligible for a "Self-Employment Tax Credit." These claims are unfounded, as no such credit exists.