If you’re a gig worker or freelancer, you’re technically considered self-employed – even if all the work you do is for the same company. This means that you are an employee, but at the same time you act as an “employer”. And that means you’ll probably have to pay self-employment tax. The IRS just announced …
Jason Schmitt is the former CEO of Old Time Pottery and serves on the Tennessee State Workforce Development Board. Tennessee has long been one of the best states in America to start a small business. We have no personal income tax, the lowest debt per citizen in the country, and enough common sense to prevent …
Author: Dearbail Jordan BBC News business reporter October 23, 2023, 09:45 Polish time Updated 55 minutes ago Image source, Getty Images Billionaires should pay the minimum tax rate, according to a report that found some of the world’s mega-rich pay little or no tax. The EU Tax Observatory found that most people pay a higher …