Learn about the self-employment tax and taxes for small businesses. These taxes are quarterly and are subject to changes in tax law.
Long-term capital gains tax basics
Certain windfalls are considered capital gains. Here’s how to determine what you’ll owe.
The average tax refund
The average tax return for the 2020 tax year was $2,827, a 13.24 percent increase from the previous year.
Cryptocurrency taxes: A guide
The IRS is stepping up enforcement on potential tax evasion by looking more closely at who’s exchanging cryptocurrencies.
Latest Employment Tax Articles
2 ways to deduct your home office on your taxes
Determine which is best for you — the simplified or the regular home office deduction.4 min read Mar 07, 2017
Tax breaks for the unemployed
While unemployment benefits are taxable, jobless folks may enjoy some tax breaks.3 min read Mar 06, 2017
Got a hobby? It might qualify as a business, with all the extra tax breaks
Tax breaks on hobby income are less favorable than for a business. Here’s how it works.3 min read Feb 27, 2017
Qualifications for earned income credit: Low-income worker loses job, needs a break
The Earned Income Tax Credit can get you more money than you paid all year.2 min read Mar 15, 2016
Employee vs. contractor: A tax distinction
Scored a seasonal job? How it’s classified will affect your taxes.4 min read Nov 04, 2015
I had an employment agreement with my boss but got a Form 1099. What now?
If you had an employment agreement, you can dispute the receipt of Form 1099. Here’s how.2 min read Oct 06, 2015
Tax help for business, pleasure trips
A vacation can be even more satisfying when you get financial help via the tax code.4 min read Sep 02, 2015
What if employer didn’t turn in payroll tax?
If your employer didn’t pay the IRS, you can still claim withheld taxes. Here’s what to do.2 min read Dec 04, 2014
2014 tax ballot initiatives in the US
Voters will have a chance to influence tax laws in the Nov. 4 election.5 min read Oct 27, 2014
Tax deductions for work expenses
The protective gear is tax deductible, but do the math to be sure it makes sense to itemize.2 min read Dec 12, 2013
6 financial tips for the self-employed
When you’re self-employed, finances can get dicey. Learn to iron out the income highs and lows.4 min read May 16, 2012
Form 1099-K helps track taxpayer income
Companies that process payments must now report their gross amounts to merchants on Form 1099-K.1 min read Feb 07, 2012