Solutions for the Affordable Housing Industry. than 40,000 vouchers. âHousing Choice Voucher Program. CVR has become an industry leader for the Housing Choice Voucher Program by offering sound technical guidance and unique solutions for each of our clients. Whether your agency needs consulting services, short-term support or comprehensive management, CVR will find the right answer to meet your needs. Our professionals have a strong track record of implementing program initiatives that are effective, innovative, and compliant with all regulations.
For self-employment income earned in 2013 and 2014, the self-employment tax rate is 15.3%. The rate consists of two parts: 12.4% for social security (old-age, survivors, and disability insurance) and 2.9% for Medicare (hospital insurance).
1 If you are self-employed you generally have to pay self-employment tax as well as income tax. 2  Self-employment tax is a Social Security and Medicare tax primarily for individuals who work for themselves.3  It is similar to the Social Security and Medicare taxes withheld from the pay of most wage earners. You figure self-employment tax using a Form 1040 Schedule SE. 2  Also, you can deduct an employer's equivalent portion of your self-employment tax in figuring your adjusted gross income. 3  In prior years, the deduction was equal to one-half of self-employment tax.