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hey everyone sherman the cpa here today i'm going to help you save on taxes by helping you understand how taxes work for sole proprietorships if you are an independent contractor freelancer business owner or earn any money outside of being an employee then this video was made for you we are going to discuss what a sole proprietor is how they file taxes the type of taxes they pay and some tips to help you minimize the amount of taxes you will pay as a sole proprietor so if you are ready please do me a favor by liking this video and make sure you are subscribed to our channel for even more ways to save on taxes all right so what is a sole proprietorship a sole proprietorship is an unincorporated business owned by one person which means if you are not incorporated as an llc or corporation or doing business as a partnership then you are a sole proprietor by default or to put it another way if you earn any money other than investment income or w-2 wages then you are a sole proprieto

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