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2018 Tax Reform Changes for Self-Employed Businesses
Wondering how the 2017 tax reform impacts your 2018 taxes if you're self-employed? Here is a summary of the changes to tax deductions and credits that you can claim as a self-employed freelancer, contractor or sole proprietor. Read more…

Can I Write Off Credit Card Interest on My Taxes?
You're allowed to take a tax deduction for some types of interest payments. Can I write off credit card interest on my taxes? Read more…

Maximizing Tax Deductions for the Business Use of Your Car
The business use of your car can be one of the largest tax deduction you can take to reduce your business income. This is a big, big deal. Why two “bigs”? Because your business income is used to calculate two taxes: your personal income tax and your self-employment tax (the amount you pay into Social Security and Medicare as the “owner” of your rideshare business). Maximizing your deduction for the business use of your car will help you minimize these taxes. Read more…

How to Use Your Lyft 1099: Tax Help for Lyft Drivers
Whether you drive for Lyft full-time or part-time, you’re now enjoying the pay, perks, and prerogatives of being self-employed—from setting your own hours to building customer relations. With the onset of tax season, you face a new business challenge: filing your taxes in a way that minimizes your tax liability. Follow these tips on how to use your Lyft 1099 to complete your tax return and maximize your tax deductions. Read more…

The Self-Employment Tax
Have you started your own business, freelance, or work as an independent contractor? Then get ready to pay the self-employment tax, which is a tax you never had to pay as an employee. The self-employment tax (officially known as the SECA tax for Self-Employment Contributions Act tax) is the self-employed person's version of the tax paid by employers and employees for Social Security and Medicare, and it's due on your net earnings from self-employment. Read more…


More Self-Employment Taxes Articles

Top 6 Tax Tips for Sharing Economy Freelancers 4 Tax Tips for Money-Making Hobbies Tax Tips for Real Estate Agents and Brokers Standard Mileage vs. Actual Expenses: Getting the Biggest Tax Deduction Common Tax Deductions for Construction Workers What Is Schedule H: Household Employment Taxes Top Tax Deductions for Consultants What Is the IRS Form 1099-MISC? Sales Tax 101 for Online Sellers How an S-Corp Can Reduce Your Self-Employment Taxes Video: Self-Employment Tax Deductions on Cell Phones Working at Home Estimated Taxes: Common Questions A Closer Look at IRS Form 1099 Business Use of Vehicles Filing Taxes for On-Demand Food Delivery Drivers Self-Employed Federal Income Taxes Peer-to-Peer Car Sharing Tax Tips Driving for Lyft? Use This Tax Preparation Checklist Video: Tax Tips for Car Sharing Drivers: Uber, Lyft & Others Video: Tax Tips When Renting Out Your Home on Airbnb, FlipKey & Others Tips to Reduce Self-Employment Taxes Tax Tips for Lyft Drivers: Ridesharing Taxes Video: IRS 1099 Levy Contractor Options Gardeners and Landscapers Tax Tips How to Use Your Uber 1099s: Taxes for Uber Drivers 10 Surprising Ways You May Be Self-Employed Driving Down Taxes: Auto-Related Tax Deductions Top Tax Deductions for Photographers Filing IRS Form W-9 Video: IRS Rules for Reasonable Business Expenses Tax Tips for Bloggers Tax Tips for Yoga Teachers and Instructors Mobile Phones, Internet and Other Easy Tax Deductions 10 Tax Tips for Airbnb, HomeAway & VRBO Vacation Rentals Top Tax Write-offs for the Self-Employed Tax Tips for Selling Your Handmade Items Online What Is a Schedule C IRS form? Tax Tips for Uber Driver-Partners: Understanding Your Taxes What is IRS Form W-9? A Tax Filing Factsheet for eBay Sellers Form 1099-K Decoded for the Self-Employed Video: How to Read a 1099 MISC IRS Form Tax Tips for Handymen and Odd Jobs A Guide to Paying Quarterly Taxes Can Cellphone Expenses Be Tax Deductible with a Business? A Tax Guide for Solopreneurs: Self-Employed Tax Tips Video: How to Recover a 1099 Tax Form A Freelancer's Guide to Taxes Side-Giggers: Tax Tips for Side Jobs Self-Employed Less Than a Year? How to Do Your Taxes What Happens When Someone Forgets to File a 1099 on Their Tax Return? Renting Out a Room on Airbnb or FlipKey? How Much You Owe in Taxes Setting Up a Home Office Depreciation of Business Assets Tax Advantages to Incorporating A Tax Cheat Sheet for Kindle eBook Self-Publishing Myths About Quarterly Taxes for the 1099 Tax Form Reporting Self-Employment Business Income and Deductions How to File Taxes with IRS Form 1099-MISC Video: Tax Tips for the Self-Employed Is Interest on Credit Cards Tax Deductible? Estimated Taxes: How to Determine What to Pay and When What Is an IRS 1099 Form? Tax Tips for Uber, Lyft, Juno and Other Car Sharing Drivers Tax Topics for Freelancers, Contractors, and Consultants How to Withhold Your Own Taxes The Musician's Guide to Taxes: Top Tax Deductions What is IRS Form 1040-ES: Estimated Tax for Individuals? How to Read a 1099-MISC Tax Form Video: Calculating Taxes on IRS Form 1099 Misc Tax Tips for Sole Proprietors 5 Tax Tips for Housekeepers What Online Business Owners Should Know about IRS Form 1099-K Taxes 101 for TaskRabbit Taskers Top Tax Deductions for Massage Therapists Beginner's Tax Guide for the Self-Employed What Is IRS Form W-9? Ministers and Taxes Work as a Hair Stylist? Tax Tips for Hairdressers Selling on Etsy & Your Taxes Tax Tips for Freelance Writers and Self-Published Authors The Home Office Deduction Tips for Paying Estimated Taxes On-Demand Jobs and Your Taxes Video: When to Issue a 1099-MISC Tax Form What is the Purpose of an IRS W-9 Form? Tax Tips for Nannies and At Home Care Givers Video: Expenses That Are Tax Deductible When Working from Home Video: Can I Deduct the Cost of a New Computer on My Taxes? Common Tax Deductions for Coaches

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