that 15.3% is likely to be a stunner.
by barry j. friedman, cpa
industrynewsletters
your clients are self-employed if they’re in business for themselves – including a part-time business. that means they’re also their own tax manager!
more: 6 key facts about excise taxes | how clients should gather their papers for taxes | the latest fraud problem: synthetic identities | how to challenge property taxes | real estate, iras & clients | percentage-withholding for clients | bitcoin: what clients need to know
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your clients can be self-employed as a sole proprietor/an independent contractor, or a member of a partnership or of a limited liability company. as such, they need to file an annual income tax return and pay estimated taxes throughout the year on their income.
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