We offer an all-in-one tax service for the self-employed entrepreneurs. Save on taxes and be in full compliance.
Unlocking Tax Savings for Self-Employed Individuals
A comprehensive financial package is designed to save you thousands of dollars every year, legally and ethically.
Reduce your taxes
Right business structure, legit tax deductions and more saving for retirement accounts.
Manage your money
Estimate your taxes and manage your money with accurate bookkeeping.
Enjoy peace of mind
Stress free tax season by having your taxes filed accurately and on time.
How It Works
Our tax planning and tax prep service is tailored for self-employed individuals. We find you the right tax strategies and implement them to maximize your tax savings.
Choose the perfect business structure
We offer S-Corp tax-saving strategies for planning and implementation for Self-Employed Individuals. It may save you 10K or more in yearly tax. We handle your S-Corp, and you keep the cash.
Why you should contact us?
We’re here to assist you in achieving financial freedom. One method is reducing taxes, letting you keep more of your earnings.
1. Optimize Your Tax Deductions:
Take advantage of potential deductions. We uncover every eligible write-off and save you money.
2. Accelerate Your Financial Freedom:
Save for the future rather than paying high taxes. Find your tax-saving retirement funds now.
3. Secure Your Financial Future:
Tax-saving strategies require proper compliance. We help you to avoid IRS problems.
Frequently Asked Questions About Self Employment Tax
What is self employment tax?
As a self-employed individual, you pay Self-employment tax, calculated based on your profit from any business you own or operate alone. The current rate is 15.3% of your net earnings, with 12.4% for Social Security and 2.9% for Medicare. You have to pay quarterly estimated tax to avoid penalties and interest charges.
How is self employment tax calculated ?
Self-employment tax is calculated by multiplying your net earnings from self-employment by the current rate of 15.3%. Remember, you can deduct half of this amount on your tax return. Keep in mind that self-employment tax is separate from income tax, so budget accordingly.
What is self employed quarterly tax?
As a self-employed person, remember to pay taxes every quarter on your income. Estimate your earnings, pay a portion of taxes to the IRS every three months, and use the IRS form for this purpose. Tax professionals can assist you. Stay prepared and fulfill your quarterly tax obligations.
Due dates for 2023 self-employed quarterly tax
1st self employed quarterly tax payment: April 18, 2023
2nd self employed quarterly tax payment: June 15, 2023
3rd self employed quarterly tax payment: September 15, 2023
4th self employed quarterly tax payment: January 16, 2024
You can make your payment through the IRS website at https://www.irs.gov/payments
The IRS form for self-employed quarterly tax is 1040-ES
