Korrena Bailie has over a decade of experience reporting and editing personal finance stories and reviews. Her work has been featured in Wirecutter, The New York Times, Bankrate and Credit Karma.

According to the Internal Revenue Service, individuals who are compensated for providing services to others are classified either as employees or as self-employed individuals. The IRS rules differ ...

If you have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions.

A new federal form from the Internal Revenue Service aims to help the self-employed claim sick and family leave tax credits under the Families First Coronavirus Response Act. Eligible self-employed ...

When filing your taxes with the IRS, listing your profession is even more important for the self-employed. This is one way the IRS determines whether your deductions are legitimate, as well as ...

Danni Santana spent nine years as an editor and business journalist covering industries including sports, retail, restaurants, and personal finance. He is a graduate of the Craig Newmark Graduate ...

Taxpayers frequently have income reported on Form 1099-MISC. It may represent earnings from a trade or business that should be reported on Form 1040, Schedule C. If not, it generally is reported as ...