When you become self-employed, you join millions of other business owners hoping to realize their dreams. However, navigating the murky waters of self-employment can be challenging, especially during ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

For self-employed individuals, managing healthcare costs can be challenging without the benefits of employer-sponsored insurance. One way to alleviate some of the financial burden is by opening a ...

Being your own boss is empowering, but it also means managing irregular income, taxes and financial planning without a safety net. The freedom of self-employment comes with a whole new set of money ...

What is self-employment tax? The federal self-employment tax is composed of Social Security and Medicare taxes, which are also known together as the Federal Insurance Contributions Act (FICA). For ...