Self-employment tax requires you to pay 15.3% of your total earnings. This tax is levied to pay into Social Security and ...

These days, it always helps to have a side gig. Freelancing, ride sharing and babysitting are great ways to earn some additional money, but the best kind of income to generate if you are working ...

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

Among older workers, the majority of self-employment income missing from tax records is due to unreported earnings to the Internal Revenue Service rather than differences in how income is classified, ...

To see if you qualify, check the IRS Free File site. You can submit your returns directly to the IRS for free using the IRS ...

For 2024, taxpayers can contribute up to $7,000 to traditional IRAs, with those 50 and older eligible for an additional ...

The fastest way to get your tax refund is through direct deposit, which the IRS can send to a bank account, banking app or ...

If there's one thing I'd encourage people to do before claiming benefits, it would be to read your latest Social Security ...

Discover the basics of how the IRS tax refund works. Learn strategies for maximizing them and tips on how to use them wisely.

Retirement account withdrawals and earnings from a job may not be the only taxable income you have, either. The federal ...

High-income earners sometimes put off saving because they think they have plenty of time and money to do it later. That's not ...

(k) benefits include tax savings, employer matches, and compounding growth. See why starting now is key to a secure ...