If you’re a high earner, you could convert after-tax income into a Roth account and never pay tax on it again.

Starting 2026, Costa Rica's income tax reform allows independent workers a 25% deduction without invoices and raising exempt ...

Explains how the IRS defines self-employment, including sole proprietors, contractors, partners, and gig workers, and clarifies who must comply with SE tax ...

Married people over State Pension age could boost annual income by £4,300 READ MORE: DWP breaks down Pension Credit barriers ...

Learn how to file taxes for your side hustle, from reporting income and claiming deductions to paying self-employment taxes and avoiding IRS penalties.

As the new year approaches, residents are preparing for another tax season. Tax filing may not be anyone’s favorite task, but approaching it with awareness and planning can significantly reduce stress ...

Understanding your real income is essential for making sound financial decisions. While gross salary figures often look ...

This deduction could significantly reduce tax bills for millions of tipped workers, but only if they maintain accurate records. One expert explains how you can ensure you get this tax break this year.

Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the others, he’s now overseeing the I.R.S. Credit...Photo Illustration by Alice ...

The self-employed look set to be left worse off after the Budget if chancellor Rachel Reeves goes ahead with plans to increase income tax and reduce employees’ National Insurance by the same amount – ...

Getting a mortgage is harder when you’re self-employed. That’s because lenders rely heavily on W-2 income and steady paychecks. Instead of pay stubs, you’ll need to show tax returns, bank statements ...

Self-employed individuals, such as small-business owners and independent contractors, are always looking for ways to reduce their tax bill and better manage healthcare costs. One often overlooked ...