Taxes for Your Side Hustle Earning extra income from a side hustle is exciting, but the IRS sees it as taxable income. Whether you’re freelancing, driving for Uber, selling...
If you are self-employed, an independent contractor, freelancer, or have significant income without tax withholding, the IRS generally requires you to make quarterly estimated tax payments. Failure to do...
Introduction Unlike employees, independent contractors do not have taxes withheld from their payments. Instead, under IRC § 1402, they must pay self-employment tax and income tax directly to the...