Understanding Self-Employment Tax: A Guide for the Newly Self-Employed
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Understanding Self-Employment Tax: A Guide for the Newly Self-Employed
Understanding self-employment tax is one of the first challenges new business owners and freelancers face. Unlike W-2 employees, the self-employed are responsible for both the employer and employee portions of Social Security and Medicare—totaling 15.3% of net earnings. This self employment tax explained guide covers everything you need to ...
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