Here are 15 big self-employment tax deductions and tax benefits that could slash tax bills for freelancers, contractors and other people who work for themselves.

Self-employed people can contribute up to $69,000 for 2024, and that contribution is fully tax-deductible. Self-employment ...

Self-employed people can contribute up to $69,000 for 2024, and that contribution is fully tax-deductible. Self-employment tax is calculated before SEP contributions. Thus, these contributions do ...

Here are 15 popular tax deductions you can claim if you’re self-employed, including credit card interest and health insurance premiums.

The bill contains many tax provisions beyond extending portions of the Tax Cuts and Jobs Act. It now goes to President Donald ...

The self-employment tax is made up of the Social Security tax and the Medicare tax. As of 2024, the self-employment tax is 15.3% (12.4% Social Security tax + 2.9% Medicare tax). The tax is applied ...