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  2. Independent Contractor Taxes: A Complete Guide - AOL

    www.aol.com/independent-contractor-taxes...

    Estimated tax payments are required from independent contractors who expect to owe taxes of $1,000 or more when their tax return is filed. Unlike an employee, whose employer calculates tax ...

  3. A beginner’s guide to independent contractor taxes - AOL

    www.aol.com/finance/independent-contractor-taxes...

    Estimated taxes include both federal income tax — which is organized by tax brackets that run from 10% to 37% — and self-employment tax. ... About Independent Contractor Taxes.

  4. Independent Contractor Taxes: A Complete Guide - AOL

    www.aol.com/independent-contractor-taxes...

    Learn how to file taxes as an independent contractor. For premium support please call: 800-290-4726 more ways to reach us

  5. Independent contracting in the United States - Wikipedia

    en.wikipedia.org/wiki/Independent_contracting_in...

    The distinction between independent contractor and employee is an important one in the United States, as the costs for business owners to maintain employees are significantly higher than the costs associated with hiring independent contractors, due to federal and state requirements for employers to pay FICA (Social Security and Medicare taxes) and unemployment taxes on received income for ...

  6. Self-employment - Wikipedia

    en.wikipedia.org/wiki/Self-employment

    This situation often arises when employers try to avoid taxes, social security contributions, or labor regulations by hiring workers as independent contractors instead of offering them a formal employment contract. Schijnzelfstandigheid can lead to legal issues, as it is considered an abuse of labor laws designed to protect workers.

  7. Tax withholding - Wikipedia

    en.wikipedia.org/wiki/Tax_withholding

    Investors and independent contractors are exceptions to withholding taxes, although they remain subject to income tax obligations and are required to make quarterly estimated tax payments. Failure to keep up with these payments can trigger backup withholding, imposing a higher tax rate of 24%.

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