How to File Self Employment Taxes

Written by Eddy Hood

Operating your own business has many benefits, including the joys of setting your own hours and being your own boss. Although this flexibility can be advantageous, working as a sole proprietor or an independent contractor also means that you will need to know how to file self-employment taxes. Self-employment tax information can be a confusing maze for many business owners, but help is available. With Ignite Spot working for you, filing self-employment taxes for your small business will become our job, and you can focus on other business goals.

As a business owner, you have already assumed some significant risks. You probably already have business expenses that add up to create some financial concerns, too. Instead of struggling with filing your own self-employment tax forms, Ignite Spot can provide some much-needed assistance with filing self-employment taxes. Tax benefits exist for people who own their own businesses, but you need to know where to find them. For example, you can deduct your Internet and phone costs as business-related expenses. If you pay for your own health insurance as a self-employed individual, you can also deduct your health insurance premiums. With Ignite Spot working for you with accounting and bookkeeping services, it's not necessary for you to know all these tax benefits. We pass our expertise on to our customers to ensure that you don't pay more taxes than you should.

Ignite Spot is an online firm, specializing in outsourced accounting and business services for small and medium businesses. We approach accounting with a different mindset, designed to bring business owners important understanding about the financial condition of their businesses. You cannot expect to make prudent and smart decisions for your business if you don't have all the information. That's why we offer entrepreneurs financial reports with details about cash position and profits. A number of common issues arise for all businesses, and we can provide helpful guidance to help you avoid these typical pitfalls. Our team has the expertise and drive necessary to connect with each client, making you feel valued and important. Read what other happy clients have said in our Ignite Spot testimonials.

When you see how much time and money we can save you with ongoing bookkeeping tasks, we think you will want to continue to watch your profit margin grow as our customer. Not only will we guide you through how to file self-employment taxes, we can also handle tasks, too, such as payroll, accounts payable, accounts receivable, bank reconciliations, financial consultations, audit support, and tax planning and filing. When you're ready, request pricing information from us. We will promptly follow up with a link to download our company's pricing guide. You will receive a number of happy surprises with this price guide. First, you will see that we never charge expensive set-up fees for current accounts. We also don't attempt to control you with a long-term contract for service. We let our service speak for itself with our clients. Our main goal is making your business profitable.

Learn More About Our Tax Services

1. What is the Federal Unemployment Tax Act (FUTA)?
2. Understanding Self Employment Taxes
   
3. Tax Implications of The Affordable Care Act on Small Businesses
4. The Guide to Small Business Tax Preparation and Deductions
5. How to File Small Businesss Taxes
6. Self Employment Tax Deductions
7. What is a Tax Write-Off?
8. Small Business Tax Write-Offs