TY 2025 Tax Articles & Guides

Comprehensive tax resources to help you maximize savings and stay compliant

Do I have to pay federal income tax on all freelance or gig income?
Self Employed And Freelancers
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Do I have to pay federal income tax on all freelance or gig income?

Everything you need to know about reporting freelance and gig income on your tax return

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How do I report self-employment income on my federal tax return?
Self Employed And Freelancers
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12 min read min read Today

How do I report self-employment income on my federal tax return?

Learn how to report self-employment income using Schedule C and Schedule SE, including special cases and filing deadlines.

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Which IRS forms do I need as a freelancer or independent contractor?
Self Employed And Freelancers
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Which IRS forms do I need as a freelancer or independent contractor?

Demystifying IRS Form 1099-NEC for independent contractors and freelancers

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Self-Employment Tax Expert
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Am I responsible for federal self-employment tax, and how is it calculated?
Self Employed And Freelancers
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12 min read min read Today

Am I responsible for federal self-employment tax, and how is it calculated?

Uncover the rules for paying federal self-employment tax and how to calculate it accurately using Schedule SE.

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Can I deduct business expenses to reduce my federal taxable income?
Self Employed And Freelancers
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12 min read min read Today

Can I deduct business expenses to reduce my federal taxable income?

Learn how to deduct eligible business expenses to reduce your federal taxable income using Schedule C and other IRS forms.

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Is my home office deductible for federal taxes, and what are the rules?
Self Employed And Freelancers
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12 min read min read Today

Is my home office deductible for federal taxes, and what are the rules?

Is your home office deductible? Learn the IRS rules, calculation methods, and reporting requirements for 2025.

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Self-Employment Tax Expert
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Can I claim the standard mileage rate or actual vehicle expenses for federal deductions?
Self Employed And Freelancers
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12 min read min read Today

Can I claim the standard mileage rate or actual vehicle expenses for federal deductions?

Deciding between the standard mileage rate and actual vehicle expenses for your 2025 tax return

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Self-Employment Tax Expert
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Do I qualify for the federal Qualified Business Income (QBI) deduction?
Self Employed And Freelancers
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12 min read min read Today

Do I qualify for the federal Qualified Business Income (QBI) deduction?

Discover if your pass-through business qualifies for the Qualified Business Income deduction and how to claim it.

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Self-Employment Tax Expert
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How do federal tax credits, like the Earned Income Credit, apply to self-employed individuals?
Self Employed And Freelancers
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12 min read min read Today

How do federal tax credits, like the Earned Income Credit, apply to self-employed individuals?

Discover how self-employed individuals can claim the Earned Income Credit and maximize tax benefits

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