According to recent federal self-employment statistics nearly 27 million Americans will leave their full-time jobs from 2017-2020, bringing the total number of self-employed individuals to 42,000,000 in the U.S. alone. Why is this statistic…
As the 2018 tax season concludes, we’re excited to report on the progress of a successful partnership with TaxAct Pro Advance we launched for the year. Filing annual…
What is the self-employment tax? The self-employment tax covers Social Security and Medicare for self-employed individuals. You pay it as part of your standard tax payment at the…
As a self-employed individual, you are responsible for paying taxes on your income. Unlike employees, taxes aren’t automatically taken out of your payments. Instead, you are responsible for…
According to a study commissioned by Upwork in conjunction with the Freelancers Union, in 2017 there are over 57,000,000 freelancers, or “independent workers” in the United States. This…