— 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. — ...
It may feel like you just filed your 2022 taxes, but now is the time for you to lower your 2023 tax bill. The end of the year will be here before you know it, and this is the deadline for several ...
Call it what you want. The "SETC" payout. The "Self-Employment Tax Credit — the last pandemic program!" The COVID-19 tax break for gig workers and freelancers. "Self-employed?" asks one post on ...
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 ...