A Comprehensive Guide for Independent Contractors on Managing their Taxes.

A Comprehensive Guide for Independent Contractors on Managing their Taxes. Independent Contracting offers incredible freedom, but also unique tax challenges. Here’s a simplified guide to help you manage your taxes as an Independent Contractor. Key Tax Obligations As an Independent Contractor, you are responsible for: Self-Employment Tax: i.e. Social Security & Medicare contributions (15.3% for […]
Avoid a Tax Audit: Practical Advice for South African Businesses

Avoid a Tax Audit: Practical Advice for South African Businesses As a South African accountant, I understand the stress that the prospect of a tax audit can cause for business owners. While audits are sometimes random, certain red flags can increase your chances of being scrutinised by the South African Revenue Service (SARS). Here are […]