Self-Employed »
‘Taxes 101’ for Self-Employed Workers
The self-employed worker is generally required to file an annual return and pay estimated taxes quarterly, according to the Internal Revenue Service (IRS). Most self-employed individuals must pay self-employment tax (SE tax) as well
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Self-Employment Tax
Top Takeaways 1: Independent Contractors are subject to Self-Employment Tax If you are an independent contractor or self-employed, then you may be responsible for paying self-employment tax. Self-employed individuals who make more than $400
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Independent Contractor
Top Takeaways 1: Independent Contractors are Responsible for Paying Self-Employment Tax If the worker is an independent contractor, then the worker may be responsible for paying self-employment tax and making quarterly estimated tax payments.
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