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Self-employed individuals generally must pay self-employment (SE) tax as well as income tax. SE tax is a Social Security and Medicare tax primarily for individuals who work for themselves. It is similar to the Social Security and Medicare taxes withheld f

Feb 7, 2022With more people working from home over the past year, this tax season has brought on some new changes and special requirements. If you notice that your W-2 shows withholdings from your employer's location instead of your home state, you may fa

Feb 16, 2022One of the most important things in properly filing taxes as a remote worker is enlisting the help of a qualified tax professional to assist in filing. Given the ever-changing tax landscape, this may not be the year to rely on free tax softwar

Mar 2, 2022There are nine states that don't have a state income tax on earned wages: Alaska, Florida, New Hampshire, Tennessee, Texas, South Dakota, Washington, Wyoming, and Nevada. Several states have reciprocity agreements with each other, which may lim

If you're an employee working from home, your W-4 is set up accurately, and the rest of your tax situation simple, filing could be a breeze—except for the considerations below. What You Should Know...

If you are officially a remote worker and are working from your home, then you will file your personal income taxes the same way you always have: to your state of residence. This is true no matter if you are a W-2 employee or a 1099-NEC independent contra