Independent Contractor Taxes Social Security
August 26th, 2010
Question: How do I pay and file taxes if I am an Independent Contractor?
I just got a job as an Independent Contractor.
How do I pay and file taxes if I am an Independent Contractor?
Can I pay my Taxes, Social Security, and Medicare per week?
How to file them per year?
Thanks
Answer: Excellent answer ^. I thought it was $400, though, not $600. Years back, I would have advised you to deposit into a savings account what you’d be paying to the IRS and just pay them at the end of the year to collect the interest, but in this day and age that wouldn’t be all that much. Don’t forget as an independent to save ALL receipts for gas, tools, anything business related, up to and including a portion of your phone expenses.
Candidates in primary election introduced
With the primary elections right around the corner on Aug. 24, the Yuma Sun will run a mini-series on the races and candidates that residents will decide on later this month.
1099 MISCLASSIFICATION: It’s Time to Play by the Rules
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