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LSDefine

Simple English definitions for legal terms

self-employed

Read a random definition: legal memory

A quick definition of self-employed:

Self-employed: When someone is self-employed, it means they work for themselves instead of working for someone else. They might own their own business or work as an independent contractor. They have to pay taxes on their income and file a tax return every year. They also have to pay taxes in advance every quarter.

A more thorough explanation:

Definition: Being self-employed means that you work for yourself, rather than working for someone else. This can include being a sole proprietor or an independent contractor. The Internal Revenue Service (IRS) defines a self-employed person as someone who "carries on a trade or business as a sole proprietor or an independent contractor."

Self-employed individuals are responsible for managing their own business, including finding clients or customers, setting prices, and paying taxes. They are required to file an annual tax return and pay taxes quarterly using Form 1040 or Form 1040-SR.

Examples:

  • A freelance writer who writes articles for various publications is self-employed.
  • A plumber who runs their own plumbing business is self-employed.
  • A graphic designer who works on a project-by-project basis for different clients is self-employed.

These examples illustrate the concept of self-employment because each person is working for themselves, rather than being employed by a company. They are responsible for finding their own clients or customers and managing their own business affairs.

Self-defense | Self-employment tax

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19:19
@windyMagician: so?
19:20
Like why waste the bandwidth lmfao
why did they waste their bandwith hating on me
kinda like what you're doing rn
19:24
LOL nvm be yourself bro
19:41
@DigiFartHoe: Hows hunk today?
19:51
hey do y'all know whether davis status checker changes to decision rendered once a decision is rendered?
chat am i cooked. I have not really hear back from anywhere :( only two schools that were well within my reach and got rejected
MrThickRopes
20:01
bruhhhh dobby be emailing me
20:07
whats the +/- on LSAT medians after this cycle
20:09
+5
20:09
@NemoPropheta: Not sure but here is the most recent data, comparing 2023/2024, 25th/50th/75th percentiles at each school, with a change. Penn had +5 75th and OKC had -2
20:10
@JD-Dance: according to this spreadsheet i found, yes, and they will email you with whatever the result is
20:10
also three little lines is a filter, u can filter the numbers using it in row 2
20:11
Readme tab at botton
20:12
sry whoever made spreadsheet is a rock brain fr
20:12
<3
I made a speadsheet once
MrThickRopes
23:08
Fo pm gon go crazzzzy tmrw
MrThickRopes
23:12
We reddddy?
MrThickRopes
23:13
Up in da club bruh got dat music goin like unc unc unc unc
23:45
MrThickRopes crunk
I am so drunk and I wish all all the best I have so much love for every single one of you and I wish Mr. thick ropes gets into all of his schools
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Is not gonna go crazy tomorrow because it’s Good Friday but on Monday decisions are gonna roll
Just
Like today
the bf has friends over so im j chilling on the computer
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