Learn about the common types of income: earned, passive, and portfolio. Discover tips and strategies to maximize your income.

Working for yourself can have a lot of benefits, but taxes are generally not one of them. When self-employed, you are ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

The freedom and flexibility of owning your business is an appealing aspect for many including Social Security disability ...

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...

Yes, you can deduct self-employment tax as a business expense ... Free Edition is for simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student ...

Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division.

Do you drive for business, charity or medical appointments? Here are the details regarding claiming mileage on taxes.

Here's what college students need to know about filing taxes and how to make the most of some special tax benefits. Do College Students Need to File? The answer depends on their income and ...

The Connecticut Project is urging residents to file taxes for 2024 and earlier to see if they qualify for the state Earned ...

Employees who receive part of their compensation in the form of commissions ... and home office expenses. For salaried employees, if the allowable employment expenses are greater than the associated ...