Learn How your Business Can Pay for your Insurance and Medical Expenses
Monday, January 19th, 2009Wiley Long asked: If you are self-employed, your income is subject to a 15.3% self-employment FICA tax. Added to a 28% Federal income tax and a 5% state income tax, this could leave you paying nearly 50% of your income to the government. Fortunately, most self-employed people qualify to set ...