“Everyone’s really self-employed. If you work for a company, you just have one client,” says Gregg Fisher, 35, founder of Gerstein Fisher, a New York financial-planning firm. “If they fire you, you’re out of business.”

“6 financial milestones before 30”, MSN Money

Except, of course, the IRS doesn’t make you pay that silly extra tax.



  1. The Self-Employment tax is just the other half of Social Security and Medicare. It’s not extra at all; employees just don’t see it.

    Perhaps the IRS gave themselves a marketing problem when they gave it a different name.

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