If you’re self employed, you’re getting hit the hardest with taxes! You work hard to run your own business and be self sufficient, but that doesn’t help you when tax time comes since you pay exactly double the amount of tax an average employee does.
Also because it’s penalty tax you can’t reduce it will deductions, exemptions or other tax strategies.
Today I sat down with my friend Justin from RogueTax.com and discussed a little known tax strategy that is simple to implement, perfectly legal and will save you a lot by making you exempt from self employment tax.
You can find more great tips and other powerful small business resources like this on my blog at http://www.eatsuccess.com
You can reach Justin by visiting http://www.roguetax.com to discuss tax strategies, payroll and bookkeeping needs.
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