"Tax Issues Every Freelancer Should Know About"

a adăugat un fișier Gardening

2024-09-19 22:48:57 -

1. Understanding Self-Employment Taxes Freelancers are classified as self-employed, which means they must pay self-employment taxes in addition to income taxes. This tax covers Social Security and Medicare contributions. Unlike traditional employees, freelancers must IRS Bank Levy pay the full 15.3% self-employment tax rate, which includes both the employer and employee portions. Understanding...

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