Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

As your business grows, so does your spending. And when spending increases, you’re suddenly faced with the burden of managing more and more expense documentation. If you’re still manually organizing ...

The April 18 deadline to file taxes is rapidly approaching. For filers who itemize their deductions, operate small businesses, or are sole proprietors, gathering receipts is an important part of the ...

What is self-employment tax? The federal self-employment tax is composed of Social Security and Medicare taxes, which are also known together as the Federal Insurance Contributions Act (FICA). For ...

Kim Porter began her career as a writer and an editor focusing on personal finance in 2010. Since then, her work has been published everywhere from Forbes Advisor to U.S. News & World Report, Fortune, ...

Whether you take the standard deduction or itemize deductions, most people filing their 2022 taxes in 2023 will be happy they took the time to prepare when the IRS deadline rolls around. Review which ...