Turbo Tax for the Self-Employed

Everyone knows that they have to pay taxes. For people in the US this includes federal, state, Medicare and Social Security. It may also include other things such as local taxes depending on where they live. A person that works for someone else will see a certain percentage automatically removed from their paycheck to cover these taxes. A self-employed person has to take care of these taxes themselves. Utilizing a program such as TurboTax can make this task much easier for anyone.

Social Security and Medicare taxes together equal to 15.3% of a person’s yearly income. When a person works … Read more at 2009 Tax.