AI-driven changes in work threaten employment taxes, vital for funding social security programs and comprising a significant ...

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 ...

Self-employed workers need to pay Social Security taxes. But those workers also have access to several deductions. Many, or all, of the products featured on this page are from our advertising partners ...

Self-employed entrepreneurs often leave money on the table for reasons that have little to do with how hard they work and ...

Tax-paying small business owners and self-employed individuals in the United States are one of the most important facets of the nation's economy. The Internal Revenue Service has outlined specific ...

Being self-employed offers incredible freedoms and opportunities, but it also comes with unique financial responsibilities. One of the most important rules for financial success is paying Uncle Sam ...

A federal jury has convicted Michael Roberts, 38, of Mentor, of not paying required employment taxes to the Internal Revenue Service. After a two-day trial, Roberts was found guilty on two counts of ...

The Great Resignation may be creating a tax headache for a lot of people. Last year more than 47 million people quit their jobs. In the same year, a record 5.4 million new business applications were ...

New rules clarify tax responsibilities when an employer designates an agent to pay its employees. The IRS issued final regulations on the liability for employment taxes when an employer designates an ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Legal claims about employment are one of the most common kinds of ...