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).
The Internal Revenue Service imposes a self-employment tax on self-employed individuals. This self-employment tax consists of a Social Security tax and a Medicare tax. Normally, self-employed individuals must pay a Social Security tax of 12.4 percent on the first $106,800 of income. However, the 2010 Tax Relief Act has temporarily lowered the Social Security Tax to 10.4 percent.