INTERNET MARKETING

INTERNET MARKETING

INTERNET MARKETING

EU Propose New Copyright Laws (Nov 2018)

CA New Privacy Laws (Nov 2018)

CA Businesses Required Female Board Members (Nov 2018)

How to Transition from IT Employee to Small Business Contractor

5 Investments You Should Make in the New Business

How to Build an iOS App for Your Business

 
 States With No Corporate Income Tax Rate
Nevada
South Dakota
Texas
Washington
Wyoming 
Key Economic Indicators 
Item  Rate 
CPI: 0.2% (Nov 2018) 
GDP Growth:   3.5% (3rd QTR 2018)
Bank Prime Interest Rate:   5.25%
Consumer Confidence:  135.7% (Nov 2018) 
Small Biz Confidence:  104.8% (Nov 2018) 
Avg Gas Price:  $2.39 
 
 
 
 
 

 

 

 

 

 

 

 

 

 

 

 

 

If you're self-employed it means that you're working for yourself (as a sole proprietor, partnership, independent contractor, S-corporation).  It also, mean that you have no employees.

 

As a self-employed entrepreneur you have certain obligations according to the IRS.  They include:

 

- You have to pay social security tax and Medicare tax. 

 

- You are also obligated to pay income tax.

 

- You have to pay Estimated taxes:  If you expect to owe $1,000 or more when you file your tax then you are obligated to pay estimated taxes (social security, Medicare and income).  You have to pay estimated taxes on a quarterly basis. [https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes]

 

- File Tax Report:  If your business generate a net income of $400 or more you have to file a tax report.

 

Visit the IRS Self-Employed website to get more details on self-employed.

 
There are different options for paying your Estimated taxes.  Use the links below that best suits your situation.













SBZ Home

News Home

Extra News Home

  

  

 

     
INTERNET MARKETING

                  Report broken links               Contact us              About us           Become a Contributor to this site            Link Exchange 

2012-2015 The Small Business Zone, Inc.  All rights reserved.