Self-employed borrowers need additional documentation, such as bank statements or tax returns, to prove income stability.

What is self-employment tax? The federal self-employment tax is composed of Social Security and Medicare taxes, which are also known together as the Federal Insurance Contributions Act (FICA). For ...

“I became a bit disillusioned with my life in London, including my job in TV, and decided to go on an adventure with one of ...

When you’re self-employed, paying taxes is a little more involved than merely doing your income tax filing once a year as you do when you’re an employee. You’ll need to file the appropriate ...

The prospect of earning money on your own terms can be exciting, but many freelancers underestimate their tax liabilities. Laurice Wardini, a freelance writer and the co-founder of ClothedUp, says, “I ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. Most workers are at ...

As the research showed, 63% of independent workers reported they are self-employed by choice, and 59% reported earning more ...

If you’re self-employed or own a business, you may be wondering if it’s possible to get a mortgage. The short answer is yes, ...