About half of U.S. adults (52%) lived in middle-income households in 2022, according to our new analysis of government data.

Expenses like a home office, car, insurance, and even your education bills could get you a big tax break Self-employed people ...

An owner’s draw is a way for business owners to take money out of their business for personal use. It’s a flexible method of ...

Inflation-adjusted amounts in the tax code are expected to increase by 2.8% from the 2024 numbers—about half the increase ...

People who are self-employed or do freelance or gig work often need to make estimated tax payments. Find out if you’re ...

Legal immigrants in the U.S. can be eligible for Social Security benefits, but only if they meet certain requirements.

You're likely to owe the state where you live at least a little something almost anywhere you move within the United States, ...

There are limits as to how much you can contribute and for income thresholds for individual retirement accounts for the 2023 and 2024 tax years. Limits adjust annually.

SEP IRA, and SIMPLE IRA offer tax advantages for self-employed individuals. The best choice depends on income, age, and ...

The definition of a self-employed worker has expanded as side hustles, freelancing and consulting have grown in the age of ...

Former President Donald Trump has unveiled a flurry of proposed tax cuts aimed at seniors, homeowners, tipped workers and more.

The billionaire tax proposal has polarized economists, with seeing it a burden on entrepreneurs, while opining it will remove ...