July 9, 2006 at 9:19 pm
#697967
Inactive
That is what I’ve been paying generally as a flat fee. The reason I’ve been able to get away with this is because my selfemployment generally involves a lot of travel and other expenses. As I’ve noted there are a many ligitamate writeoffs that reduce the amount of taxes owed. Being selfemployeed allows you to take advantage of these. However, don’t be misslead into thinking this can be abused. I always have mine done by a professional who’s knowledge is better than mine.