self-employment
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IRS tax tip: Tax tips for gig economy entrepreneurs and workers
IRS Tax Tip 2023-05, January 12, 2023 In recent years, the gig economy has changed how people do business and provide services. Taxpayers must report their gig economy earnings on a tax return – whether they earned that money through a part-time, temporary or side gig. Read on www.irs.gov/newsroom/tax-tips-for-gig-economy-entrepreneurs-and-workers
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IRS Tax tip: The deadline for the final 2022 estimated tax payment is January 17
Tax Tip 2023-04, January 11, 2023 Many taxpayers make quarterly estimated tax payments during the year to stay current on their taxes. Anyone who paid too little tax in 2022 needs to make a fourth quarter payment on or before January 17 to avoid an unexpected potential tax bill or penalty when they file in…