Guidelines for Self Employed Tax Deductions?

Answer Owning a small business and working in a freelance capacity are alternative ways to earn a living without being an employee. But self-employed workers face special challenges when it comes to payin... Read More »

Top Q&A For: Guidelines for Self Employed Tax Deductions

Can the self-employed have HSA& insurance premium deductions?

If you are self-employed, you can deduct both contributions to a Health Savings Account (HSA) and insurance premiums you paid. Insurance premiums are only deductible, however, if you had a net prof... Read More »

How to Be Self Employed?

Do you know that you're working more than your boss, but you get paid less than what your boss earns? That's the way most businesses work. If you want to get out of that zone and realize how much y... Read More »

Self-Employed Tax Relief?

Setting your own hours, working from home, and being your own boss are some of the perks of self-employment. Paying self-employment tax, on the other hand, is definitely no perk. Many first-time in... Read More »

How to Avoid a Self Employed Tax?

The self-employment tax rate is 15.3 percent and pays into Social Security and Medicare. This is because the Internal Revenue Service (IRS) considers a self-employed person as an employee as well a... Read More »