Without a withholding source, self-employed people will need to make estimated tax payments,” she says. You can’t avoid a penalty just by making extra payments at the end of the year.

or use last year's tax return if you expect to have the same income. Then follow these steps: 1. Multiply net earnings by 0.9235, which is the total self-employment tax (92.35%) that you'll end up ...

When self-employed, you are typically left picking ... your dependents and your children who are younger than 27 at the end ...

Retirement plans for the self-employed range from the good to the outrageously good, and can allow you to save much more than you ever could with a traditional employer plan. A well-chosen ...