Who Is a Self-Employed Person? A self-employed person is an independent contractor or a sole proprietor ... How Much of My Income Can Be Taxed for Social Security? Social Security tax applies ...

Self-employed individuals generally file an annual income tax return and pay estimated taxes quarterly. Should Individuals Choose Limited Liability Company or a Sole Proprietorship? A sole ...

Look for these 15 deductions, from home office expenses to self-employment taxes. Consult with a tax professional to ... You may qualify if you operate as a sole proprietor or through a ...

According to the Small Business Administration, you can do this by opening a business bank account, getting a Data Universal ...

You need to obtain a tax identification number. Do I need a business name for sole proprietorship? Your business is legally ... There's no denying that, for the most part, self-employed people don't ...

In addition to registering for sales and service taxes, you need to file tax returns ... require filing a state business license. How much does it cost to file taxes as a sole proprietor? In terms of ...

Calculating compensation for unsalaried entrepreneurs (sole proprietors) is a bit trickier. You'll have to reduce your self-employment income by the employer's half of the self-employment tax as ...

There are W2 employee advisors, 1099 self-employed advisors ... have many more options when it comes to tax deductions. Whether considered a sole proprietor or set up as an LLC, C corporation ...

less one-half of your self-employment tax and contributions to your own EP-IRA. As a sole proprietor, your contributions are ...