When you’re self-employed, you’re responsible for paying both the employer and employee portions of taxes. Here’s how to calculate both. If you’re self-employed – either on a full-time basis or just ...

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-assessment tax returns must be submitted each year by the self-employed and people who owe tax on income they've received. Find out how to complete a tax return for the 2024-25 tax year, and what ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

Rachel Reeves introduced a significant income tax change in her Budget that went largely unnoticed - Leon Neal/. Workers face ...

If you have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions. These deductions can lower your taxable income, and save a bundle in taxes ...

If you’re self-employed or earn certain types of income, there’s a good chance you’ll need to pay estimated taxes — and your next payment is due soon. There are four due dates for estimated tax ...

March 16, 2026: Tax returns are due for partnerships and S corporations that follow the calendar year. If your business follows a fiscal year, tax returns should be filed by the 15th day of the third ...

Forget Halloween or the clocks going back, October is an important month when it comes to taxes. There are two key tax dates during October, affecting new landlords or self-employed people and also ...

You might think self-assessment tax returns are only for the self-employed, landlords and high-net-worth individuals, but more people than ever have had to complete one in recent years. Fiscal drag is ...