Before you became a successful entrepreneur, you were probably an employee of another company and you received a paycheck for the hours that you worked. As an ordinary wage earner, half of your Social Security and Medicare taxes were automatically deducted from your paycheck and the other half was paid by your employer. However, now…

The post Self-Employment Tax: Rates, Who Has to Pay, and How to Lower Your Tax Bill appeared first on .

Source: http://fitsmallbusiness.com/self-employment-tax-rates/

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