Are you really “SELF-EMPLOYED”? If so, do you owe income taxes according to US law?

2 years ago
110

"Most Americans are under the impression that if they are not an employee who has 7.65% of their wages deducted for FICA (payroll) tax (Social Security and Medicare taxes), that they need to pay 15.3% of their net income for self-employment income tax. This tax is a tremendous burden on independent contractors and small business owners, since no one deducts and withholds that money from their earnings and a whole year’s worth of these taxes becomes due every April 15th.
In this Freedom Hour presentation, Peymon Mottahedeh, founder and President of Freedom Law School, will show you how the law defines “self-employment income” and consequently, who owes an income tax on that income and who does NOT owe self-employment income tax.
You may be one of those Americans who does NOT owe self-employment income tax. Listen and find out!"

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