Side gig income can be a great way to boost cash flow, pay down debt or build savings. But as a gig worker, you may be unaware that the money you make is fully taxable, the same as a regular paycheck.

If you’re self-employed, you already wear many hats—owner, operator, and maybe even accountant. But one critical role you may not think about as often is that of your own payroll department. Unlike ...

Self-employed individuals face unique tax challenges, including quarterly estimated payments and self-employment taxes. Tax relief for freelancers includes IRS programs like penalty abatement, payment ...

The second-quarter estimated tax deadline for 2025 is June 16, and making a payment could help you avoid “falling behind” on taxes, according to the IRS. Estimated tax payments are typically owed for ...

Freelancers and gig workers in New Bern face a unique tax situation compared to traditional employees. Instead of having taxes automatically withheld from each paycheck, they are responsible for track ...

If you're self-employed, you should be paying your estimated taxes on a quarterly basis. Reasons for not paying taxes throughout the year include financial stress and confusion over the process. If ...

Once your earnings exceed a specific amount, you can stop paying into Social Security for the rest of the year.