Something that i was thinking about was the fact that self employed individuals get hit in two directions as it relates to Social Security and Medicare. It was also mentioned briefly in this substack post that this is the case because you pay as both the employee and the employer. It makes me wonder about the long term financial planning and specific tax deductions to help deal with this situation.
Something that i was thinking about was the fact that self employed individuals get hit in two directions as it relates to Social Security and Medicare. It was also mentioned briefly in this substack post that this is the case because you pay as both the employee and the employer. It makes me wonder about the long term financial planning and specific tax deductions to help deal with this situation.