NEW YORK (Reuters) - Despite tax reforms that changed an important incentive for giving to charities last year, Americans are still giving away record amounts - just from funds they had put aside for in
You can pay FICA (Federal Insurance Contributions Act) taxes as a self-employed person. Everyone pays both FICA taxes and income taxes. If you're an employee, your company manages the FICA tax payments
The 2017 tax law permits self-employed people to get a 20% tax break on their income. What if you have a salaried job, which doesn’t allow you to get this special deduction, and have a side hustle, where
Dear Liz: We were told to buy long-term care insurance early because waiting too long would make it more expensive and perhaps unavailable. I bought mine when I was 55. At the time, it was $2,400 a year.