Definition:
Self-Employment Tax in a LLC that is set at 15.3%.
Colloquialism:
Just run your LLC with S Corp so you don't have to deal with the effin' FICA Tax.
by Smarty Pants 16 August, 2024
Self-Employment Tax in a LLC that is set at 15.3%.
Just run your LLC with S Corp so you don't have to deal with the effin' FICA Tax.
by Smarty Pants 16 August, 2024