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14: Putting Numbers in Boxes, with Andrew Carroll
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How Can Free Agents Reduce the Self Employment Tax?
Self employed folks can be subject to self employment tax, which is about 15% on that pica tax in addition to the income tax. The worst thing you can do as a freelancer are forget that fact get you'll get all the money that comes in and spend it all at once. You've got to have books of some sort. I mean, th, there's no other way around it,. because no one is taking two jobs.
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