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Payroll Taxes

22 / 06 / 2015 by Greg Freyman, CPA in Business Tax

How Should The Self Employed Think About Payroll Taxes?

So you took that leap of faith, and started your own business! What does this mean to the typical entrepreneur? For most of us, running your own business means that you are responsible for paying your own individual income tax liability throughout the entire year in quarterly installments. Moreover, payroll taxes aren’t always automatically withheld from a W-2 form as is the case for most traditional employees.

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