NYC Freelancers : A tax question
NYC Freelancers : A tax question
Out of context: Reply #6
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edd-e as it about right. of course, being self-employed means you get to expense things, and put money away in a sep 401k (or equivalent) BEFORE you pay taxes. so while the percentage that you owe as taxes stays the same, if you (and your accountant) do things right, it becomes a percentage of a smaller overall number. ya dig?