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Old 02-28-2006, 03:17 PM
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jmjj215 jmjj215 is offline
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Default Re: Self employment pitfalls ?

Just plan on paying 15.2% for SE taxes, THEN income taxes. Start off as a SP - you don't even know if you're going to make money yet! The organization can come a bit later. I personally would incorporate as an S corp so you can get the SE tax benefits.
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