Profits from a sole proprietorship are reported as taxable income and (B) are subject to a self-employment tax of approximately 15%.
Explanation:
Sole proprietors are asked to contribute to both the Social Security and Medicare systems,this type of contributions is known as the "self-employment taxes."
Self-employment taxes are considered equal to the payroll tax in case of an employees of a business. Regular employees are said to make their contributions to the above mentioned two programs in form of deductions fr, sole proprietors make such contributions when the pay their income tax
The rate of self-employment tax is 15.3%, which is further divided as 12.4% of Social Security and 2.9% of Medicare .
Thus we can say that Profits from a sole proprietorship are reported as taxable income and (B) are subject to a self-employment tax of approximately 15%.
Heat is released when a substance changes from a gas to a liquid, or from a liquid to a solid.
When a liquid changes to a solid, we refer to that as the process of 'freezing'.
Answer:
A normative statement is one that makes a value judgment. Such a judgment is the opinion of the speaker; no one can prove that the statement is or is not correct
Explanation:
Answer:
The appropriate solution will be the "establishment" stage.
Explanation:
- The establishment stage throughout professional advancement or career progress is the time where someone who starts to pursue jobs and receives one's first assignment.
- Thus, during that point, the candidate goes through all the induction process, the acknowledgment of a position as well as the accommodation of the particular organization.
So that Sarah's profession has been at the level of the establishment.
<span>This is what Joe says: "Information is more important than the additional revenue and additional cost of being open 1 more hour."
He is a wise person</span>
