Article: Tax Tips For The Self Employed
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Tax Tips For The Self Employed
If you are self-employed, it?s important that you take control of your finances and become aware of the changes that can affect your taxes. But how do you know if you are considered by the IRS to be self-employed? And if you are, what should you know? The following is a comprehensive list of answers to these questions and others regarding things that all independent contractors, small business owners, and other self-employed people ought to know:
First, find out if you are considered to be self-employed. Generally, you are self-employed if you:
? Operate as an independent contractor
? Are the sole proprietor of a business or you practice a trade
? In some way or another are in business for yourself
If you meet these criteria, there...
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