If you made money last year from a side hustle or gig work, tax time can feel stressful and confusing. We're here to help. Self-employment taxes are the Social Security and Medicare taxes individuals ...

Probably about 90% of the “pops” in mom and pop businesses get all the Social Security credits – meaning 90% of the “moms” end up with a blank Social Security slate.(jacoblund / Getty ...

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 ...

Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the ...

The Tax Court held that the IRS had not conceded a taxpayer’s liability for self-employment tax on freelance writing and memorabilia sales income by sharing information with the Social Security ...

Actions taken now will affect your Social Security benefits later. Here are seven things every 30-something should know about ...

Kemberley Washington is a former staff writer at Forbes Advisor and provides consumer-friendly tax tips for individuals and businesses. Her work goes beyond tax articles. She has been instrumental in ...

Tesla CEO Elon Musk has grabbed a lot of headlines this year as head of the Department of Government Efficiency (DOGE), a non-official organization created by President Donald Trump to slash the ...