If you live and work in the U.S. then you are liable for the same taxes as anyone else. Your employer will have no difference whether they are based in the U.S. or not as far as U.S. employees are concerned. They will be responsible for the same tax issues as any other employer for federal, state and local payroll taxes. If you are working in Another Country for an employer in that country then it will be different.
People who are self-employed have to pay taxes on their income just like people who are employed by a company. They also have to pay a "self-employment tax" that basically makes up for the fact that they haven't been paying FICA taxes.
how much state taxes to take out for self-employed person making $900.00and forms needed.
Yes, if you file your babysitting income as self-employed
People in Alabama pays 1.6 percent in taxes. This can all depend if you are self employed.
The IRS website offers a lot of information on self employed tax. They describe "who is self-employed", "what are my obligations to paying taxes if one is self-employed" etc.
A self-employed individual should typically withhold around 25-30 of their income for taxes to cover federal income tax, self-employment tax, and state taxes.
People who are self-employed have to pay taxes on their income just like people who are employed by a company. They also have to pay a "self-employment tax" that basically makes up for the fact that they haven't been paying FICA taxes.
Yes crab fishermen pay income taxes whether they are an employee or self employed. Most crab fishermen are considered to be self employed and the boat owner does not withhold any taxes from the pay of the fisheman. The fisherman must pay their own state and federal income taxes, social security and such themselves. Your are considered self employed if your pay is based on catch shares. If you're self employed, you get a 1099 misc. from the vessel owner or seafood company.
Individuals who have income that is not subject to withholding, such as self-employed individuals, freelancers, and business owners, should be responsible for paying estimated taxes to the IRS.
how much state taxes to take out for self-employed person making $900.00and forms needed.
no
May be your being treated as a self employed taxpayer. You should ask the payer of your income this question.
Yes, self-employed individuals can deduct health insurance expenses on their taxes as a business expense.
Yes, if you file your babysitting income as self-employed
The company's going bankrupt should not affect your getting unemployment, The company paid (or should have) unemployment taxes to the state who, in turn, pays the benefits to claimants. Therefore it is the state you look to for relief.
People in Alabama pays 1.6 percent in taxes. This can all depend if you are self employed.
Self-Employed people have to pay income tax just like everyone else, plus self-employment taxes which are basically Social Security and Medicare taxes. A self-employed person will have to pay all of the Social Security and Medicare taxes since they don't have an employer. When you work for someone, the employer pays for half of the Social Security and Medicare taxes in addition to other taxes like federal and state unemployment taxes and other items depending on the state and city you are located in.