To get started with a barebones tax tracking spreadsheet, create separate ... This will track income from jobs, self-employment, investments, retirement distributions, etc. Deductions.

Self-employment tax is a mix of Social Security and Medicare taxes. Use our calculator to estimate what you owe. Many, or all, of the products featured on this page are from our advertising ...

Although every situation is unique, it never hurts to review the basics to ensure you're approaching your self-employed taxes correctly. Another new thing for contractors — self-employment tax!

When self-employed, you are typically left picking up the tab on some of the costs your employer otherwise would have covered, including Social Security and Medicare tax, not to mention an office ...

Self-employment has its perks, but being your own boss can lead to headaches come tax season. In addition to the income tax, you’ll need to pay self-employment taxes that support the Social ...

Without access to employer-sponsored 401(k) plans, self-employed workers must pursue other strategies for retirement saving. Small business owners often reinvest in their businesses instead of ...