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Which of the following would be considered an advantage of being self-employed (rather than being an employee)? O a. The self-employment tax for independent contractors
Which of the following would be considered an advantage of being self-employed (rather than being an employee)? O a. The self-employment tax for independent contractors is lower than the Social Security tax for employees. O b. The overall limitation (50%) on meals does not apply. O c. Independent contractors can claim more itemized deductions than employees. O d. Job-related expenses are deductions for AGI. e. Independent contractors benefit from a higher standard deduction
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