Tax• 3 min read
Self-Employment Tax Explained
If you work for yourself, you generally pay Social Security and Medicare tax through self-employment tax. Here is how it works.
Resources
Tagged: Self-employed
Tax• 3 min read
Owner Draw vs Salary: How Business Owners Pay Themselves
Whether you take a draw or a salary depends on your business structure. Here is how each works and how to record it correctly.
Tax• 3 min read
Home Office Deduction Basics
Working from home may qualify for a deduction, but only if IRS requirements are met. Here are the basics and the records to keep.
Tax• 3 min read
Estimated Tax Payments: How They Work for Self-Employed Owners
If no one withholds tax from your income, you may need to pay it during the year. Here is how estimated taxes work.