Sheep Farm Bookkeeping: Breeding Flock vs. Market Lambs, Wool Checks, and the Enterprise Budget That Tells You If Ewes Pay
Cull ewes held over 12 months qualify for Section 1231 gain on Form 4797 — not Schedule F — skipping self-employment tax.
#self-employment-tax
Self-Employment Tax
Self-employment tax rules, calculations, and strategies for business owners
Comet Plus Pays Publishers 80% of AI Search Revenue: How to Book Your First Payout as Variable Royalty Income
Comet Plus pays publishers 80% of subscription revenue as usage-based royalties — book it when the statement settles, and expect IRS Schedule C, not Schedule E.
Hiring Your Spouse for a Section 105 HRA: Deducting Family Medical Bills
A one-employee Section 105 HRA lets a sole proprietor deduct the family's medical spend — premiums included — against income and self-employment tax.
Pricing Wedding Calligraphy Without Losing Money: What to Charge Per Envelope, Per Hour, and Per Rush Job
Most wedding calligraphers charge $2.50–$6 per envelope, but the rate that pays is your own — hourly math, spoilage, rush tiers, and 15.3% self-employment tax.
What to Actually Charge for Custom Woodworking
Price custom woodwork from true costs — 15–25% material markup, overhead per billable hour, 10–20% profit — not a materials-times-three guess.
DC May Let Renters Host on Airbnb: What the 2026 Short-Term Rental Act Means for Tenants
DC's 2026 Short-Term Rental Act would let renters host on Airbnb, but it isn't law yet. Budget a $99 license, $250K insurance, Schedule C and DC's D-30 tax.
Domain Flipping and the IRS: Are You an Investor or a Dealer?
On a $25,000 domain sale, investor treatment costs roughly $3,750 while dealer treatment can exceed $9,000 — how Section 1221, the nine-factor hobby test, and per-name basis records decide which you are.
When the Lemonade Stand Makes Bank: The $400 Tax Rule Every Teen Entrepreneur Hits
A teen owes a tax return at just $400 of net self-employment income — no age minimum. How the 15.3% SE tax, the $1,000 estimated-tax tripwire, the $20,000 1099-K threshold, and a custodial Roth IRA fit together.
Married and Running the Business Together? How the Qualified Joint Venture Election Splits Your Tax Filing in Two
A married couple co-owning an unincorporated business is taxed as a partnership by default, but the qualified joint venture election lets each spouse file a separate Schedule C and Schedule SE instead — no Form 1065, and both spouses earn Social Security credits. Both spouses must materially participate, and businesses held in an LLC or corporation cannot use it.
Digital Nomad Tax Residency in 2026: Why the 183-Day Rule Won't Save You
Staying under 183 days in a country does not make you a non-resident anywhere. U.S. nomads still owe worldwide income tax, the 2026 Foreign Earned Income Exclusion caps at $132,900 and never covers the 15.3% self-employment tax, the tax-home test disqualifies perpetual travelers, and FBAR triggers at $10,000 aggregated across all foreign accounts.
Getting Paid for Bug Bounties: How Your HackerOne and Bugcrowd Payouts Are Taxed
Bug bounty payouts from HackerOne and Bugcrowd are ordinary income from the first dollar, and for 2026 platforms only issue 1099s at $2,000 per researcher — but the income is taxable with or without a form. Covers W-9 setup, the hobby-versus-business test that decides whether tooling is deductible, self-employment tax, and quarterly estimates.
The Capital Construction Fund: How Commercial Fishermen Defer Tax on Vessel Money
The Capital Construction Fund lets commercial fishermen deposit fishing income before income tax under IRC Section 7518 and spend it tax-free on building or rebuilding a U.S. vessel — at the cost of reduced depreciable basis. This guide covers the 2-net-ton eligibility floor, the three internal accounts, qualified versus nonqualified withdrawals taxed at the top marginal rate plus interest, the 25-year clock, and the annual NOAA Form 34-82 filing.