As people are finding new and different ways to make money, the idea of being self-employed, or possibly just a side hustle, becomes more widespread. Although there are many tax advantages and other ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. Most workers are at ...

If you earned any income in 2015 that didn't have payroll and Medicare taxes deducted, you may have to pay an additional tax known as self-employment tax, which unfortunately can take another 15.3% ...

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 ...

Navigating the process of filing taxes when you’re self-employed can be intimidating, especially for a first-timer. If you’re not sure how self-employment taxes work or are wondering what ...

Around 10% of American workers are self-employed, running small businesses and offering services as independent contractors. With the gig economy booming, millions of people are also taking side ...

Post pandemic, we’ve seen waves of changes in the workplace - from when we work to where we work with choices like remote vs. hybrid as determining factors within recruiting and retention. We’re also ...

Second Sunday Series — Editor’s Note: This is the first of 12 columns on starting a business that will appear in the next 12 months– one on each second Sunday of the month, from September through ...

Solo 401(k) plans are available to business owners with no employees (other than their spouse). These plans let business owners save up to $70,000 per year in 2025, or up to $140,000 with a qualifying ...

The coronavirus pandemic has changed the way many people approach work and has caused numerous people to change professions and reexamine their priorities. Some people may have started their own ...