What Is the SECA Tax (Self-Employed Contributions Act)?
People who are self-employed have to pay the Self-Employed Contributions Act (SECA) tax. They pay taxes on a part of their net income to help pay for programs like Social Security and Medicare. Self-Employed Contributions Act: What It Is and How It Works Self-Employed Contributions Act: If you are self-employed, you pay this tax to … Read more