Why Business Deductions Save More Than You Think: Self-Employment Tax: Money School
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In today’s episode of the Money School Bonus Series, I’m explaining what self-employment tax is, why tax deductions are so important as a creative entrepreneur and how they save you more money than you may think.
Join me in this informative episode to learn the details about self-employment tax and how you can make sure you’re getting the most out of your deductions each year.
Also mentioned in today’s episode:
Understanding self-employment taxes 1:23
Tax brackets and what they actually mean 3:44
The average tax rate for self-employed people 6:16
Self-employment taxes explained 10:52
Why you need to be tracking all of your expenses 13:02
Getting the most out of your deductions 22:11
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