Getting Paid by E-Wallet in Tajikistan? The 3% Transaction Tax Is Now Live
Tajikistan now debits 3% from e-wallet, QR and mobile payments — over 10 payments a day from different senders can register you as an entrepreneur.
#self-employment
Self-Employment
Learn about self-employment taxes, LLC owner compensation, and freelancer financial management
Your Income Isn't Level: The Annualized Income Method on Form 2210
Form 2210 Schedule AI matches each IRS estimated-tax installment to income earned by March 31, May 31, Aug 31 and Nov 30 — it can only shrink your penalty.
The Owner-Operator Trucker's 2026 Per Diem Deduction: Why You Deduct 80%, Not 50%
Owner-operators deduct 80% of the $80 IRS transportation per diem rate — $64 a day — not 50%. Claim only overnight days and prorate partial days at 75%.
Renting Out Your Car on Turo? The Tax Bill Is Bigger Than Your Payouts Suggest
Turo hosting is Schedule C self-employment income, not Schedule E rent — 15.3% SE tax, a gross 1099-K, and an IRS mileage rate that changed midyear 2026.
The IRS Says You Didn't File: What Notice CP59 Means and How to Respond
Notice CP59 means the IRS has no record of your prior-year return. File the missing return, show you already filed, or explain on Form 15103 why none is due — and file your own return before the IRS prepares a substitute one without your deductions.
Starting a Tax Preparation Business: The PTIN, the EFIN Suitability Check, the E-File Mandate, and the Due-Diligence Rules You Need Before Taking Your First Paying Client
A PTIN, an EFIN after a 45-day IRS suitability check, and Form 8867 diligence on every credit return — the federal startup checklist for paid preparers.
Iceland's 2026 Deemed-Salary Rules: The Minimum Paycheck Every Freelancer Must Report
Iceland requires every self-employed person to impute a minimum salary — 795,000 kr a month for a solo media freelancer, 1,199,000 kr for a solo specialist in 2026, up about 7.7% — plus 6.35% social security tax and 15.5% pension contributions on top.
Morocco's Auto-Entrepreneur Caps in 2026: 200,000 DH, Not 500,000
Morocco's auto-entrepreneur caps are 200,000 DH for services and 500,000 DH for commerce; the 500,000/2,000,000 figures online belong to the CPU regime. Counting rules, the 80,000 DH per-client withholding, and what two over-cap years trigger.
The October 15 SEP IRA Second Chance: Fund Last Year's Retirement and Cut Last Year's Taxes
Extended your 2025 return? You can still open and fund a SEP IRA by October 15, 2026 (September 15 for S corps and partnerships) and deduct up to $70,000 — but Solo 401(k) elective deferrals for 2025 are gone for good.
Kick Streamer Bookkeeping: How the 95/5 Split, 1099s, and the New $2,000 Threshold Work
Kick pays streamers 95% of subscriptions and KICKs through Stripe, and the OBBBA raised the 1099-NEC reporting threshold from $600 to $2,000 for payments made on or after January 1, 2026 — but streaming income is taxable from dollar one, and $400 of net profit triggers self-employment tax whether or not a form arrives.
Mobile Welding Bookkeeping: Trigger Time, Consumables as Job Costs, and How to Price an Arc Hour
A mobile welder quoting $90 an hour often spends $20–$35 of every arc hour on shielding gas, wire, and abrasives alone. This guide shows how to book consumables as direct job costs, build a true cost per arc hour, price the non-arc hours around it, and keep the rig, mileage, and Section 179 records that hold up at tax time.
Still Paying Off School While Running Your Business? How the $2,500 Student Loan Interest Deduction Works in 2026
For tax year 2026 the student loan interest deduction is capped at $2,500, claimed above the line on Schedule 1, and phases out between $85,000 and $100,000 of MAGI for single filers and $175,000 to $205,000 for joint filers. This guide covers the five eligibility tests, what Form 1098-E does and does not report, and why self-employed borrowers cannot move the interest to Schedule C.