American Freighter Tax Question?
I am heading over to the freight next year. Not sure how much I will have to pay for FICA. Can someone give me some advice about that? I went to SS website and it says I must pay 15.3% up to 97000USD. That seems a bit excessive. Of course, I can tax deduct half of that on my Federal taxes. Big deal.
Also, any way to minimize my taxes on the 15.5% provident monies?
Thanks
HappyD (well relatively happy)
PS can someone PM with a great tax advicer in America?