Did you know that the government has set aside billions in tax credits for self-employed individuals impacted by COVID-19 disruptions? In fact, an estimated $1,000,000,000 has already been paid to people just like you. The SETC Program offers financial relief to those affected by the pand...
In 2020, the self-employment tax credit continued to provide significant tax relief for self-employed individuals. However, due to the economic impact of the COVID-19 pandemic, additional relief measures were introduced to support small businesses and independent contractors. Paycheck Protection Program...
Everybody would like to be their own boss, but like everything in life there are pros and cons to being self-employed. On the plus side, you are totally in charge of your destiny as a self-employed person and you can organise your own hours. ...
we test whether, with the onset of the COVID-19 pandemic, the self-employed lost more hours than the employed and whether traditionally disadvantaged self-employed racial minorities faced harsher penalties in the form of reduced hours of work. Though spatially concentrated ethnic minority colocations...
extending tax and fee reduction policies that support manufacturing, micro and small enterprises and self-employed households and expanding the scale and scope of these policies; and introducing tax policies to support the development of industries facing special difficulties caused by COVID-19, accordin...
If you’re self employed, you have some pandemic relief options. Here’s what you need to know. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Please review our list ofbest credit cards, or use ourCardMatch™tool to...
Coronavirus Stimulus Package Relief If you are a small business owner, here’s what’s new: Emergency grants of up to $10,000 as part of an Economic Injury Disaster Loan Paycheck Protection Program (PPP loan for self employed individuals and small businesses) A payroll tax credit to help ret...
the current self-employment tax rate is 15.3%. this percentage is split into the tax money that goes toward social security and the tax money that goes toward medicare. social security tax a self-employed worker is taxed as both an employee and an employer. for social security taxes, ...
Her other siblings are gainfully employed; her youngest sister is a senior year in high school. Carolina was able to finance her education through a combination of financial aid, help from her parents, and working. During her first two years, she returned to Fort Bragg in the summers to ...
Looking for a self-employed or small business payroll provider?I want to mentionGustohere, as I use them for payroll and saw them create many tools this year to help their users satisfy the PPP documentation requirements and help them take advantage of this relief. If you are a single-perso...