Self-employed people have extra costs that they have to bear as they do ... and the domestic production activities deduction. However, key provisions of the TCJA are set to expire at the end ...

Understanding the Self-Employed Contributions Act (SECA) Tax SECA taxes are calculated on net earnings, defined as the gross income derived from business activities, minus the expenses incurred in ...

Without access to employer-sponsored 401(k) plans, self-employed workers must pursue other strategies for retirement saving. Small business owners often reinvest in their businesses instead of ...

As of March 2025, here are 16 tax deductions that self-employed individuals can claim on their tax return. Business owners might be able to recover some of the costs of running their company by ...