Individual Disability Insurance
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Individual Disability Insurance
Know that you can get help paying your bills even if you become injured or sick and can’t work. Explore individual disability income protection insurance as a way to protect what matters to you.
Aug 12, 2023
Self-Employment Ideas
Self-Employment Ideas: Unlock Your Potential & Build a Business You Love! 🚀
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4.9K views · 131 reactions | Self Employment Business Ideas | Inspirational Story Of Successful Women Entrepreneur | SumanTV Money #money #businessideas #inspiration #exclusive #MoneyManagement #sumantvmoney | Sumantv Money | Facebook
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4.9K views · 131 reactions | Self Employment Business Ideas | Inspirational Story Of Successful Women Entrepreneur | SumanTV Money #money #businessideas #inspiration #exclusive #MoneyManagement #sumantvmoney | Sumantv Money | Facebook
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Self-Employment Taxes
Self-employment tax is one of the biggest drains on small business owners. It’s 15.3% of your net profit, right off the top, before you even get to income taxes. With an S corporation, you can cut that down significantly by splitting your income between salary and distributions. Only your salary is hit with payroll taxes, while the rest passes through tax-free from FICA. On $75,000 of profit, that can mean saving around $7,500. That’s not just a minor adjustment, it’s a real strategy that keeps
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Self-employment tax is one of the biggest drains on small business owners. It’s 15.3% of your net profit, right off the top, before you even get to income taxes. With an S corporation, you can cut that down significantly by splitting your income between salary and distributions. Only your salary is hit with payroll taxes, while the rest passes through tax-free from FICA. On $75,000 of profit, that can mean saving around $7,500. That’s not just a minor adjustment, it’s a real strategy that keeps
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No Free Lunch with Ndamukong Suh on Instagram: "@karltondennis broke down the three taxes every NIL athlete pays. Federal taxes. State taxes. And self employment tax. That last one is the silent hit most athletes never see coming. 15.3 percent off net profit before anything else. Understanding this is how you stop guessing and start planning. New episodes premiering in 2026 on No Free Lunch with @ndamukongsuh"
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Entrepreneurship • Business • Mindset on Instagram: "Taxes hit commission earners especially hard because income is volatile, stacked, and front-loaded. A big sale doesn’t feel big once federal, state, self-employment, and payroll taxes take their cut—often 35–45% or more. Add slow months, chargebacks, and inconsistent cash flow, and many salespeople mentally downshift, realizing their “win” doesn’t translate cleanly into lifestyle freedom. Average furniture salespeople respond by getting discou
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