The former chancellor says the government had a responsibility to support workers, but there was "always going to be a trade ...

(MoneyWatch) If you plan to start a small business and pay yourself, you'll need to know a thing or two about the taxes you owe. One special tax that trips up a lot of small business owners is the ...

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 ...

Social Security was founded during a time when most people worked as employees, and far fewer people identified with being self-employed. Thus, the system was set up to collect Social Security and ...

As a small business, the capital to pay a staff of employees or contractors may not be present, particularly as you strive to grow the business. However, the need for additional staff may be crucial ...

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 ...

Here's how self-employment taxes work. See the table and example for tax rates, income limits for Social Security taxes, and how to calculate what you owe in the 2016 or 2017 tax years. Self-employed ...

IT jobs are increasingly being staffed by self-employed or contract professionals. Is this a good thing? Patrick Thibodeau just put together a report in ComputerWorld that points to the growing ...

Self-employed workers need to pay Social Security taxes. But those workers also have access to several deductions. Many, or all, of the products featured on this page are from our advertising partners ...

Employers who fail to comply with the rules against bogus self-employment will still not face fines in 2026. Caretaker State ...

Unlike employees who simply leave a job behind, self-employed individuals must consider what happens to their business when ...

As someone who’s been self-employed for two decades, saving for retirement is a challenge. I set up my own retirement accounts a long time ago, in addition to college savings and an emergency fund.