Employment Taxes

Learn about the self-employment tax and taxes for small businesses. These taxes are quarterly and are subject to changes in tax law.

Tax Basics

Long-term capital gains tax basics

Certain windfalls are considered capital gains. Here’s how to determine what you’ll owe.

9 min read

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.

2 min read

Cryptocurrency taxes: A guide

The IRS is stepping up enforcement on potential tax evasion by looking more closely at who’s exchanging cryptocurrencies.

6 min read

What is net income?

Net income provides a more accurate account of the financial status. Here’s why.

2 min read

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