Yeah, I was under the impression you pay more taxes working for yourself, because you have to pay all the payroll taxes normally paid for by the employer. And then there is the corporate income tax you have to pay before you can pay yourself a salary. Maybe you can get more creative with deductions, but the base rate will be higher.
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Yeah, I was under the impression you pay more taxes working for yourself, because you have to pay all the payroll taxes normally paid for by the employer. And then there is the corporate income tax you have to pay before you can pay yourself a salary. Maybe you can get more creative with deductions, but the base rate will be higher.