Family Finances
Family Finances
Joshua and Emily
SELF EMPLOYMENT PART 2: You Can't Depreciate Grandpa!
38 minutes Posted Dec 6, 2022 at 2:00 am.
0:00
38:14
Download MP3
Show notes

On this episode of the podcast, Joshua and Emily talk about how to pay your taxes as a self-employed individual. By working for yourself, you are responsible for paying federal, state, social security, and medicare taxes - yikes! That's a lot of taxes. 

Joshua, our resident CPA, walks through how to make your quarterly estimated payments and different tax deductions that you should take advantage of. Additionally, Joshua shares some of the more...interesting deductions he has seen on some prior tax returns.