Spouse-Owned in St Petersburg Florida

Self-Employment Tax Reduction Strategies for Spouse-Owned Businesses

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If you own a profitable, unincorporated business with your spouse, you’re probably fed up with high self-employment (SE) tax bills. An unincorporated business in which both spouses are active is typically treated as a partnership that’s owned 50/50 by the spouses — or...
Self-employment in St Petersburg Florida

Facing the tax challenges of self-employment

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Today’s technology makes self-employment easier than ever. But if you work for yourself, you’ll face some distinctive challenges when it comes to your taxes. Here are some important steps to take: Learn your liability. Self-employed individuals are liable for self-employment tax,...