Fri, 5 June 2020
Thinking about starting your own business? There are a lot of things you need to plan for in order to break even on taxes and benefits as a self-employed.
Being able to tell people you own a corporation feels empowering. Before you jump ship and quit your job make a list of the added responsibilities and increased costs of being your own boss. Items to include are health insurance benefits, 401k match, FICA tax match and disability benefits. Today I tackle self-employment issues, maximizing your retirement savings and how to minimize the dreaded self-employment tax. Other topics:
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