As a sole proprietor, independent contractor or gig worker, your income from self-employment might come from several sources. The types of self-employment income that you use to determine your gross ...

You have to report PayPal income to the IRS. Learn how PayPal tracks your income and how to fill out a PayPal 1099.

As people are finding new and different ways to make money, the idea of being self-employed, or possibly just a side hustle, becomes more widespread. Although there are many tax advantages and other ...

Self-employment offers the perks and benefits of not working for someone else, but often means taking on risks and becoming responsible for providing a valuable product or service, generating income ...

Hobby income and expenses aren't reported to the IRS the way business income and expenses are. Here's how to tell what type ...

Use this guide for a step-by-step explanation of how Schedule C works and how to fill it out so you can make sure you’re filing your taxes correctly. Each year, sole proprietors have the chore of ...

A recent study by the Minneapolis Fed found small business owners see faster rates of income growth than people collecting a ...

Many people believe that once they reach retirement age, they can simply claim their Social Security benefits. And while that ...

Ambiguity in the tax law often provides opportunities for taxpayers. For nearly three decades, how earnings of a limited liability company (LLC) are reported for self-employment tax purposes has been ...

Forbes contributors publish independent expert analyses and insights. The tactics everyday people use to “FIRE” and pursue their dreams. When inflation rises rapidly, few workers are left unscathed.