What the self-employed need to know about employment taxes
In addition to income tax, you must pay Social Security and Medicare taxes on earned income, such as salary and self-employment income. The 12.4% Social Security tax applies only up to the Social Security wage base of $118,500 for 2016. All earned income is subject to...
INFOGRAPHIC: Four tips to help ensure executive comp passes muster with the IRS
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Are you timing business income and expenses to your tax advantage?
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