IRS' lowering income standard for self-employed from $20,000 to $5,000 a year means more 1099K forms are being sent in the mail ...

The medical insurance premiums you pay on behalf of your employees can be deducted as an ordinary and necessary business expense on your Form 1040, Schedule C, thereby, reducing your taxable business ...

Filing taxes in the United States involves more than just completing Form 1040. Understanding the necessary schedules is ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a ...

To qualify for the EITC, you must have earned income — such as wages, salaries, tips, self-employment income ... attaching it to Form 1040 when you file your taxes. If you didn't claim the ...

It should also help you find any deductions that might reduce your tax bill and make sure you complete all necessary forms for an accurate self-employed tax return. Below is a list of our top tax ...

The Supreme People's Court released its first batch of guiding cases on labor disputes in new forms of employment on Monday. They involve express delivery personnel and online news anchors and focus ...

A solo 401(k) allows self-employed people to save more for retirement. Find out if this tax-advantaged retirement account is right for you. Many, or all, of the products featured on this page are ...

If you're self-employed and have several clients ... you are still responsible for reporting that income on Form 1040. Keep records of all the income you receive during the year in case one ...