Self-employed individuals always cringe at the amount of taxes the pay to the IRS and state. Here are tax strategies for self-employed individuals that reduce those tax amounts. Strategies For Limiting Taxes If You Are Your Own Boss The good news is being self-employed is one of the best tax strategies out there. Unlike a salaried employee, the full scope…
Tag: Self-Employed
We Are All Self Employed
Many people equate being self-employed with being an entrepreneur. We suggest that few of us are entrepreneurs, but all of us are self-employed. To make the distinction, let us explore the requirements of entrepreneurship. Entrepreneurship is generally characterized by some type of innovation, a significant investment, and a strategy that values expansion. The entrepreneur is often quite different in mindset…
Self Employed Equity Loans An Introduction
Are you self-employed and wish to apply for an equity loan? Then you’ll go through a process that’s a little different to what most borrowers go through. Lending institutions usually require that the you provide at least three “proof-of-income” receipts. Hence, self-employed individuals seeking would be pleased to know that there are many online brokers who offer many different types…
Mortgage Options For Self Employed Buyers
Self-employed homebuyers generally have more difficulty getting a mortgage, because of the way their income is reported and because they are often perceived as not having the job security of others – if they get sick, for example, their whole operation may be down for the duration. Even self-employed real estate agents and mortgage loan officers encounter this roadblock en…
Secured Loan For The Self Employed Ready Money For The Entrepreneurial Mind
Self- employed people consist the majority of the workforce in UK. They control a vital part of the country’s economy. A self-employed person works for himself/herself. Not joining any organization as an employee, he or she doesn’t draw regular salaries. The trade or business they profess individually or by forming a small business derives the income of the self-employed people.…
Remortgaging With No Proof Of Income Is It A Possibility
Currently, approximately three and a half million people in the UK are self-employed and it is predicted that that figure is set to rise over the next decade. While many of these enterprises are successful, it can often be problematic for the self-employed to buy a home, as mortgage companies can be mistrustful of anyone who is unable to provide…