Contracts and invoices can be another helpful way to show that your money situation is favorable. You’ll be able to show lenders or landlords a steady stream of income and other projects on the ...

Learn how to file taxes for your side hustle, from reporting income and claiming deductions to paying self-employment taxes and avoiding IRS penalties.

Explains how the IRS defines self-employment, including sole proprietors, contractors, partners, and gig workers, and clarifies who must comply with SE tax ...

Get ahead of the tax season crunch by collecting these tax documents throughout the year. Here's what you need to keep an eye ...

Mercury reports on 1099 filing misconceptions for small businesses, clarifying eligibility, requirements, and penalties to ensure compliance during tax season.

As tax season nears, key IRS deadlines beyond April 15—including estimated payments and required distributions—can catch ...

Access to a solo 401 (k) can be useful for some couples to do smart tax planning. Financial planner Robert Wang, based in Abington, Mass., has been helping a new client who is in the highest tax ...

This deduction could significantly reduce tax bills for millions of tipped workers, but only if they maintain accurate records. One expert explains how you can ensure you get this tax break this year.

Millions of Americans who sell on platforms like eBay, Venmo, Etsy, or Facebook Marketplace are getting a rare bit of good ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.

As the new year approaches, residents are preparing for another tax season. Tax filing may not be anyone’s favorite task, but approaching it with awareness and planning can significantly reduce stress ...