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tax-tips-for-the-self-employed-massage-therapist

Tax Tips For The Self-Employed Massage Therapist

Tax Tips For The Self-Employed Massage Therapist   We all know tax preparation for massage practitioners can be complex. Here are some tax tips for self-employed massage therapists to make filing simpler. Above all, you may find it easier to file your own taxes or seek a tax professional for assistance.   Licensed massage therapists (LMT’s) are either employed by a company or self-employed contractors and are responsible for withholding. Being self-employed you need to send in quarterly withholding payments for Social Security, Medicare, and income tax on wages received.   Read on to discover...

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Prepping for Tax Time: Tax Tips for Massage Therapists

This time of year can be particularly complicated and stressful for self-employed professionals like massage therapists. As a massage therapist in business for yourself, whether you are a sole proprietor or independent contractor, you are consider to be self-employed and need to file a Schedule C or C-EZ, as well as a Schedule SE for required self-employment taxes. Start here to understand where you stand with filing taxes for the 2015 business year. The following tips and guidelines should help massage therapists navigate tax time with more ease and confidence. Keep detailed...

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