DBAs and Taxes: A Guide for Business Owners
How are DBAs taxed? The profits of your DBA will pay two taxes: income tax and 15.3% self-employment tax. Unlike normal wages, taxes are not automatically withheld from your pay. This means taxes are paid quarterly to the government on April 15th, June 15th, September 15th, and January 15th. Read more on www.algtaxsolutions.com How your … Read more