Understanding the Self-Employment Tax: A Complete Guide
The self-employment tax catches many new freelancers off guard. Here is a breakdown of what it is, how it's calculated, and how to plan for it.
What is the SE Tax?
The self-employment tax consists of Social Security and Medicare taxes, primarily affecting individuals who work for themselves.
Automating SE Tax Calculations
AI tax software calculates your estimated SE tax liability in real-time as you earn income, preventing nasty surprises at year-end.
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