Self employed taxes don't have to be difficult. In today's video, I'm going to educate you about the different taxes you need to be aware of as a self employed individual. I'll go over each of the five different tax categories that should be on your radar if you're self employed, explain what each tax is for, and help you understand how it's calculated.

0:00 - Introduction
0:46 - Income and Expenses
2:24 - 5 Taxes You Need to Know
7:35 - Question of the Day

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The Habit That Changed My Life:    • The One Habit That Changed Everything...  

My Debt Free Story:    • How I Paid Off My Student Loans  

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FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. NOT LEGAL OR FINANCIAL ADVICE. The information provided in this video and on this channel is for educational and informational purposes only. It is not intended to be a substitute for legal or financial advice that can be provided by your own attorney, accountant, and/or financial advisor. Practical Personal Finance accepts no liability whatsoever for any losses or damages arising from your own personal financial decisions. You are advised to consult with your financial advisor, tax professional, or attorney regarding any and all financial decisions involving your own income and taxes.