IowaBiz: Pork-barrel tax bill takes aim at professional S corporations by Self-Employment Tax

Thu, 03 Feb 2011 02:00:03 -0600

IowaBiz: Pork-barrel tax bill takes aim at professional S corporations

by Self-Employment Tax @ Thu, 03 Feb 2011 02:00:03 -0600
The self-employment tax -- the self-employed taxpayer's version of the Social Security and Medicare tax -- starts at 15.3 percent on earnings up to the FICA base (currently $106800, less any W-2 earnings subject to FICA tax). ... Real Estate: Commercial Real Estate: Land Real Estate: Residential