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Here are some receipts for those whom are confused. This is a fact the federal reserve has 12 banks 🏦 This part is not new information! Look at the back of your Social security card and find the first letter. A, B, C… That’s your bank. #FederalReserve #federalreservebank #TrustFund #Trust #TrustFunding #ForeignTrust #Matrix #RabbitHole #DoYourResearch #TreasuryDirect #banking #CUSIPNumber #SSN #socialsecurity
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Owner’s Draw // Save this Post 📌 If you’re self-employed then you can pay yourself with an Owner’s Draw. Want to build wealth? Use your business revenue to access capital and financing for your business by paying yourself and your self employment taxes! As a self-employed individual, you’re responsible for: 1. Federal Income Tax: tax rate depends on revenue (IRS.gov for more info) 2. Social Security tax: 12.4% 3. Medicare tax: 2.9% To pay your taxes, create a free account at EFTPS.gov To learn
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January Tax Deadlines You Can’t Miss If you pay estimated taxes because you owe every year, the fourth quarter estimated payment for 2025 is due January 15th. That date comes fast, and missing it can mean penalties and interest. If you run your own payroll, there’s more to watch. Payroll tax payments like 941s and 940s are due January 15th when paid electronically through EFTPS. The actual forms are due by January 31st. If you use a payroll service, they usually handle this. But if you do it you
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