TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Self-employment and taxes

Self-employment and taxes

By Chuck Myers
Thursday, Jan. 17, 2013, 12:01 a.m.
 

Self-employment can bring a strong sense of empowerment. But like every business, self-employed individuals must pay taxes.

The tax rules governing self-employed businesses aren't exactly the same for people who work for a company. A number of websites, however, offer a wide range of information on self-employed tax requirements and planning. Here are just a few:

-Financial Web: Features self-employed taxes overview. http://www.finweb.com/taxes/tax-tips-self-employment-taxes.html

-FindLaw: Contains host of information, including who pays self-employment taxes, tax rates and deduction details. http://smallbusiness.findlaw.com/business-taxes/self-employment-tax.html

-Internal Revenue Service: Explains self-employed tax obligations, filing and payments. http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Self-Employed-Individuals-Tax-Center

-National Association for the Self-Employed: Resource center with tax news, forms and assistance for the self-employed. http://www.nase.org/LearningCenter/taxresourcecenter.aspx

-Social Security Administration: Lays out income tax rules for Social Security and Medicare taxes, deductions and reporting earnings. http://www.ssa.gov/pubs/10022.html

Source: McClatchy-Tribune Information Services

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Government approves compromise on Corbett’s alternative Medicaid plan
  2. U-PARC houses companies ranging from innovative to traditional
  3. Lower your cable bill by streaming shows
  4. Twitch.tv online network reveals value of video gaming market
  5. States clear way for startups to use crowdfunding
  6. Deported migrants find home at call centers
  7. Gas drilling company withdraws application for forced pooling in Western Pennsylvania
  8. Trib 30 stock index gains 4.85% in August
  9. UPMC to help China build private medical center to boost public care there
  10. Compelling cases exist for cashing out, staying in as stock market soars
  11. Healthy PA expands number of recipients but cuts benefits
Subscribe today! Click here for our subscription offers.