#self-employment
Научете за данъците на самонаетите, заплащането на собствениците на LLC и финансовото управление за фрийлансъри
Enrolled agents hold the IRS's highest credential and can represent taxpayers in audits, tax debt negotiations, and appeals—typically at lower cost than CPAs or tax attorneys. Learn what they do, when to hire one, and what they charge.
A practical guide to 1099 forms for small businesses and freelancers—which forms apply, the 2026 threshold change ($600 → $2,000 for 1099-NEC), filing deadlines, and penalties reaching up to $340 per form for late filing.
US Form 1040 AGI (Line 11) drives taxable income, credits, and deductions — how to calculate it for 2026 and why it matters.
California's 9-bracket income tax tops out at 13.3%, LLCs owe an $800 minimum franchise tax plus gross-receipts fees, and the state diverges from federal law on bonus depreciation and NOLs—this guide covers rates, filing thresholds, entity-specific rules, deadlines, and planning strategies for the 2025/2026 tax year.
The IRS test disqualifies suits and business attire but allows uniforms, protective gear, scrubs, and branded items.
Self-employed workers and freelancers who skip quarterly estimated tax payments face IRS underpayment penalties even when they file on time — here's how the pay-as-you-go system works, how to calculate what you owe each quarter, and how the safe harbor rule protects you from guessing wrong.
FICA taxes fund Social Security and Medicare at a combined 15.3% rate — 7.65% each from employer and employee. Covers 2026 rates, the $184,500 Social Security wage base, self-employment tax rules, exemptions, and the compliance mistakes that most commonly trigger IRS penalties.
The 2025 $20,000/200-transaction threshold for Form 1099-K is reinstated—here's what freelancers, gig workers, and online sellers need to know about reconciling gross receipts and reporting taxable income correctly.
Facing an IRS audit with missing receipts? Learn how the Cohan Rule lets you claim deductions without documentation, which expense categories require strict proof, and how to reconstruct records step by step to minimize your tax liability.
US therapists in private practice: Schedule C deductions for office, telehealth, CE, malpractice, and home office that the IRS accepts.
Above-the-line deductions reduce your Adjusted Gross Income before you choose between standard and itemized deductions—making them available to virtually every qualifying taxpayer. This guide covers all 11 adjustments for 2026, including self-employment tax, HSA contributions, IRA deductions, and the new no-tax-on-tips provisions.
Poor bookkeeping is the root cause of most small business tax debt -- the IRS assessed $84 billion in civil penalties in a single year. This guide explains how messy records lead to inflated tax bills, how to reconstruct your books, and which IRS resolution options (installment agreements, FTA, OIC) are available once you know what you actually owe.
