TribLIVE

| Business


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

Self-employment and taxes

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

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

Subscribe today! Click here for our subscription offers.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Construction picks up, but workers hard to find
  2. Consumer spending dinged by declining gas prices
  3. Oakland firm Qualaris Healthcare’s software saves time in hospitals
  4. Lumber Liquidators shares plunge 25%
  5. Mud serves as multipurpose tool in $100B shale industry
  6. Mylan completes inversion with Abbott to move headquarters to Netherlands, lower taxes
  7. Nasdaq climbs over 5,000 points ... 15 years later
  8. Pittsburgh gas pump prices up nearly 9 cents
  9. Rue21 adjusts for tough market
  10. Bill Gates repeats at top of Forbes’ list of billionaires
  11. PNC Bank to cut financing of mountaintop removal coal companies