Quote:
Originally Posted by biker1
If you are self employed, you get to deduct half of the self employment tax (aka FICA). That makes it essentially the same as if you worked for a company as they would be able to deduct their portion of FICA as a business expense.
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Hardly. Let’s say your employer half is $10,000. You spend $10,000 and get about $4,000 as a tax savings