Questions Categories

Business Consultancy
    Global Banking
    Global E-commerce
    Global Payment Gateways
    High-Risk Merchant Account
      High-Risk Payment Gateway
      Legal Compliance
      Legal Structure
      Taxation
      Utility Bill Copy

        What is the impact of self-employment tax on single-member LLC owners?

        I run a one-person design studio under a single-member LLC. Everything’s going smoothly: clients, invoices, income. But tax season? That’s when my confidence disappears. I heard I might have to pay self-employment tax on top of income tax. Is that true? And if so, how does it affect how much I owe?

        No answer was found