Being self-employed comes with the freedom to be your own boss, but proving your income can sometimes be a challenge. Whether you’re applying for a loan, renting a new apartment, or handling your ...

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 ...

As you progress through adulthood, there are pivotal moments when proving your income becomes necessary. These moments often mark significant milestones, paving the way for exciting life changes like ...

If you have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions. These deductions can lower your taxable income, and save a bundle in taxes ...

For these borrowers, the program evaluates actual cash flow rather than tax-restricted paperwork—offering a smarter route to approval. Tax returns often understate self-employed income because of ...

When you’re trying to score a loan or demonstrate income stability for a landlord, it’s not always so easy if you’re a freelancer. Anyone working in the gig economy or as a contractor might not have a ...