How to Defer Taxes on up to $58k when Self-Employed
Taxes for the Self-Employed can be Steep! In addition to regular income tax rates business owners are responsible for an additional "self-employment" tax. Consider that if you are married and earn $200k in 2021, your income puts you in the 24% federal tax bracket. Add self-employment taxes and you're looking at almost 40% of your [...]