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If you’re self-employed, your compensation is calculated as net earnings from self-employment, less one-half of your self-employment tax and contributions to your own EP-IRA.
If you’re self-employed, you’ll have to play the role of both employee and employer. Fortunately, there are plenty of great retirement plans available to self-employed individuals....
First, use Schedule C to calculate your net self-employment income. Then, file Schedule SE as a self-employment tax calculator to figure out the self-employment taxes you owe.
The National Association for the Self-Employed, based in Washington, D.C., is a trade association that provides day-to-day support for micro-businesses, including direct access to experts, benefits, and consolidated buying power that is traditionally only available to large corporations.
Verification of Income and Employment (VOIE) is a process used by banks and mortgage lenders in the United States to review the employment history of a borrower, to determine the borrower's job stability and cross-reference income history with that stated on the Uniform Residential Loan Application (Form 1003). Lenders require complete VOE ...
Self-employment is the state of working for oneself rather than an employer. Tax authorities will generally view a person as self-employed if the person chooses to be recognised as such or if the person is generating income for which a tax return needs to be filed.
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