Self-Employment Earnings, Paying into Social Security and Work Credits

The U. S. Small Business Administration in cooperation with U.S. Social Security Administration invite you to attend this informational workshop. By law, all individuals are required to report their net earnings if it is $400 or more in a year on their federal return. Attend this workshop to learn about paying into social security and medicare taxes, how to figure your net earnings, optional methods to reporting, and so much more.
Learn about:

• Income tax deductions that reduce your taxes
• How to deduct for social security taxes
• Social security benefits, how to qualify and what you need to do as a business owner
• Optional methods of filing and requirements
• Reporting earnings
• Family business arrangements and how to assure all family members are paying into social security