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Go Back   AffiliateSeeking Forum > Business > General Business

General Business General forums for running and owning a business in general. Discuss business stuff here.

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  #1  
Old 07-28-2010, 06:13 PM
thomas_smith thomas_smith is offline
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Default I own a small business. Do I need to pay Social Security tax?

If your net income from the business is $xxx or more, you must pay self-employment tax, which is the Social Security tax for a self-employed individual. The good news is one-half of your self-employment tax is deductible from your adjusted gross income.
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Old 07-29-2010, 03:22 AM
ramirezhenry55 ramirezhenry55 is offline
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^ that's right. I suggest you start your business dealing with all this necessary documents since afterall this will be part of your deductible admin expenses.
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Old 08-05-2010, 08:52 AM
sell suspenders sell suspenders is offline
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in China,if you working at home and just sold by website through internate,it will be no problem for tax
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Old 08-17-2010, 06:05 AM
art793 art793 is offline
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Quote:
Originally Posted by sell suspenders View Post
in China,if you working at home and just sold by website through internate,it will be no problem for tax
yes i agree with you in China it will be no problem for tax online
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Old 01-28-2011, 06:15 AM
markhenry markhenry is offline
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making all the tax dealings as well as other business accounting issues through software can really work for you. yea i guess you should pay the social security tax.
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Old 01-28-2011, 06:31 AM
optiplex optiplex is offline
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yes china's tax system is ideal system is the world.
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