If you're self-employed, you pay both the employee and employer share of FICA taxes. Learn how the 15.3% self-employment tax ...

SELF-ASSESSMENT customers have just weeks left to file an online tax return or they face a hefty fine. The deadline to submit ...

With the uncertainties over H-1B instructions/green card clarifications and ample opportunities for anyone with monetary resources to opt for the scheme “EB-5 program,” the need to learn the simple ...

Will firms now thwart employment rights reforms by making workers their own bosses? By Tom Belger Long-promised reforms to crack down on bogus self-employment in the gig economy and beyond have been ...

Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the others, he’s now overseeing the I.R.S. Credit...Photo Illustration by Alice ...

The self-employed look set to be left worse off after the Budget if chancellor Rachel Reeves goes ahead with plans to increase income tax and reduce employees’ National Insurance by the same amount – ...

Gov. Greg Abbott recently told a room of GOP faithful that he is determined to stop cities and counties from raising property taxes, slamming Austin for proposing a rate hike to raise $110 million to ...

WASHINGTON, July 29 (Reuters) - Harvard University said on Tuesday it will comply with the demands of President Donald Trump's administration to turn over employment forms for thousands of university ...

You set up a cash balance for a sole proprietor for 2023. The plan formula was a pay credit of 100 percent of compensation, with an interest crediting rate of 4 percent. The sole participant was age ...

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 ...

The Tax Court, consistent with past cases, applied a functional analysis of a limited partnership’s individual partners’ roles and responsibilities to find they could not apply Sec. 1402(a)(13)’s ...

You’re putting in the hours, following someone else’s rules, and still wondering if it’s getting you anywhere. Maybe you’ve got skills people actually want, a side hustle that’s picking up steam, or ...