Professional Freedom Tax Service - We won't file until you smile!
RSS

Most Popular Posts

6 Tax Red Flags That Can Get You Audited
Apple Is Increasing Its Staff In China As Work On Bigger iPhones Continues
How to File Your Taxes if You Are Self Employed
A Quick Guide to Health Insurance for the Newly Unemployed
55 personal tax deductions

Categories

Economy
Filing a late tax return
Freedom Talk
General questions
Information
Self Employed Individuals
powered by

Tax Service Blog

How to File Your Taxes if You Are Self Employed

Georgia tax servicesIf you are self-employed, it is important to understand how to properly file your taxes. The self-employed do not have tax money automatically taken out of each check and pay their own expenses, so there are extra considerations to take into account other than the standard dependents, deductions and so on. Self-employment tax rate is currently 13.3 percent, which must be paid on earnings of $400 or more. Self-employed individuals can take deductions for work expenses and health insurance, but to make sure that you are getting the proper deductions and amounts, consult a trusted tax preparation company for assistance.
Tax Service Blog
Website Builder provided by  Vistaprint