Beauty Pro’s Quick Guide to Income vs. Self-Employment Tax
Are you a beauty or barber professional trying to make sense of your tax obligations? This free, easy-to-understand one-page reference sheet breaks down the essential differences between income tax and self-employment tax, specifically for self-employed individuals.
With this guide, you’ll learn:
- How Self-Employment Tax Works: Understand the 15.3% rate, covering Social Security and Medicare contributions.
- Key Differences with Income Tax: See how income tax is calculated differently based on your earnings and filing status.
- The Role of Each Tax: Gain insights into how each tax contributes to government funding and your personal benefits.
Download your free copy today to build a solid foundation in tax knowledge and keep your finances in check!
Take your tax knowledge to the next level with the Hairstylist Tax Bible—the essential guide that’s already helped over 100 beauty professionals save time and money!
This comprehensive resource is packed with industry-specific tax tips, deductions, and insider knowledge, perfect for hairstylists, nail technicians, estheticians, makeup artists, and more. It’s the ideal companion to your checklist, helping you transform your approach to taxes and maximize every savings opportunity.
Note: For barbers, check out The Barber’s Little Black Book for Taxes, tailored specifically to your profession.
Malika Brown, known as The Beauty Barber Tax Pro, is a former Salon Owner and seasoned Tax specialist and former salon owner dedicated to empowering beauty and barber professionals with the financial tools they need to thrive. With over a decade of experience in tax and accounting, Malika’s mission is to simplify financial management and help industry professionals maximize their success.
Copyright and Disclaimer:
This content, including the Beauty Barber Pro's Simple 6-Step System®, is protected by copyright law. Unauthorized reproduction, distribution, or use of this material is strictly prohibited. This guide is intended for informational purposes only and does not replace professional tax advice. By purchasing this product, you inherently agree to these terms in their entirety, in perpetuity.
This one-page reference sheet simplifies the key differences between income tax and self-employment tax, giving beauty and barber professionals a clear, quick guide to understanding their tax responsibilities.