Fact checked by Vikki Velasquez According to a 2024 survey by SCORE, a nonprofit organization that provides mentorship to ...

Financial YouTuber Tae Kim recently posted a video, “Optimal Order Of Investing For Self-Employed,” addressing this very topic. Here’s how he said to invest in yourself and your financial ...

Although every situation is unique, it never hurts to review the basics to ensure you're approaching your self-employed taxes correctly. Another new thing for contractors — self-employment tax!

Many clients may not be fully aware of the intricacies of navigating their income tax when it comes to being self-employed. It's essential that financial advisors brief clients on IRS rules ...

Overview of self-employed tax deductions Working for yourself grants you a variety of tax benefits not available to traditional employees. Generally anything you purchase that's necessary to start ...

SEP-IRAs allow high contributions with minimal admin, suitable for self-employed. Solo 401(k)s offer high contribution limits and permit both employee/employer contributions. SIMPLE IRAs support ...

Navigating finances as a self-employed person can be tricky, if not downright confusing. Where do you start? How do you go about investing and building financial security for yourself when you ...