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If you’re self-employed or earn certain types of income, there’s a good chance you’ll need to pay estimated taxes — and your next payment is due soon. There are four due dates for ...
Income tax and capital gains tax are two ways that individuals pay taxes on income and investments. Here’s how they differ ...
If you're self-employed or earn other non-wage income, you may owe estimated taxes every quarter. CNBC Select explains how it works and when payments are due.
Self-employed people such as independent contractors, freelancers, sole proprietors and business partners are almost always required to make estimated tax payments on their income.
What are your tax obligations as a self-employed individual? According with the Internal Revenue Service (IRS), you are required to file an annual income tax return and pay estimated taxes ...
There are plenty of ways to lower your taxes, including credits, deductions and advanced investment strategies.
That’s because self-employed individuals must pay estimated taxes as income is earned or received throughout the year. Other taxpayers can be affected too.
For 1099 workers, the tax structure includes not only income tax but also self-employment tax, which for 2023 is set at 15.3% of net earnings.
Filing tax returns serves as proof of income, making it easier to access loans, visas, and other financial benefits. Timely ...