We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is currently the senior insurance editor for Investopedia. He oversees ...

It’s really strange. You work in a vacuum and then something else comes out and you go, ‘Oh, wow’. I would say in many ways The Penguin is our direct competition. However, we’re even more grounded, ...

Some lenders may also ask for profit and loss statements, bank statements or even client contracts to verify your earnings. This is because self-employed income can fluctuate, and lenders want ...

There are many valuable self-employment tax deductions for freelancers, contractors and other self-employed people who work for themselves. Here are 15 big ones to remember. Federal: $39 to $89.

credit cards can provide freelancers and anyone self-employed some truly valuable benefits. Remember, business credit cards can still be useful to any independent contractor running a ...

economic inactivity and self-employment, and provides a range of breakdowns that are only possible from LFS data. It is also likely that some of the recent movements in LFS estimates are being ...

But while pregnant with our first daughter in 2021, I learned firsthand how hard it is on your finances to take parental leave as an entrepreneur or self-employed worker. If you want to do so ...

Registered investment advisory firms that actively manage a private fund as limited partners must pay Uncle Sam for self-employment taxes on their profits, according to a court decision.

This article was subjected to a comprehensive fact-checking process. Our professional fact-checkers verify article information against primary sources, reputable publishers, and experts in the field.

If you have moved to a new home to work or to run a business out of a new location, you can deduct eligible moving expenses from the employment or self-employment income you earned at your new work ...

You may need to pay self-employment tax if you’re a freelancer, an independent contractor or a small-business owner. Here’s what self-employment tax is, how it works and how you can save.