As a self-employed individual, you are responsible for paying taxes on your income. Unlike employees, taxes aren’t automatically taken out of your payments. Instead, you are responsible for setting aside money for your taxes and then paying the IRS.
Learn who must pay quarterly taxes, how to calculate estimated tax payments, and how to stay on track for your next quarterly tax payment.
Real estate agents can save money on taxes by maximizing their deductions. Learn about the top deductions in this article.
Explore the intricacies of the 2024 IRS Mileage Rate for electric vehicles. From calculating reimbursements to understanding tax deductions, this guide covers essential insights for EV drivers
Do you need to pay taxes on earnings from rideshare driving if it's less than $600? This guide explains why all Uber drivers must report income and pay owed taxes, even if total earnings are below $600. We cover self-employment taxes, income taxes, estimated payments, reporting requirements, and why the 1099-MISC $600 threshold doesn't apply. Read this to understand your tax obligations as a rideshare driver.
Explore the essential aspects of the 1099 tax form, including its different types and how to accurately report your earnings. This section helps freelancers and contractors navigate the complexities of tax reporting, ensuring compliance and avoiding common mistakes.
As a Shopper, it's important to maximize your tax deductions to save money at tax time. Read on for the top deductions for Shipt Shoppers.
Small business taxes don’t have to be complicated. Learn the best tax deductions to save more with this guide to tax write-offs for small business owners.