The number of people who are working for themselves continues to grow… This means millions more Americans are responsible for reporting self-employment income and keeping track of the taxes they owe. Business tax preparation can be tricky for those new to the self-employment ranks, requiring taxpayers who work for themselves to account fully for their earnings and to pay taxes they owe on time. It’s one of the responsibilities of working for yourself, handling your tax obligations because there is no employer withholding the necessary amounts from each paycheck to send…
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