How to Avoid Self-Employment Tax & Ways to Reduce It

Throughout its history, America has been the land of self-made men and women. But, America’s self-employed must contend with a unique burden every April 15 (this past year, April 18): the self-employment tax. In addition to federal, state, and local income taxes, simply being self-employed subjects one to a separate 15.3% tax covering Social Security

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