Tax calculations can be one of the most overwhelming processes you have to undergo every year. Calculating your taxes when you’re self-employed is quite a daunting process because you have to generalize several figures on your own. If you work in a company or have an employer, they’re the ones responsible for calculating your taxable income, informing the IRS, and automatically withholding a part of your salary to pay for your taxes. However, if you are working as a freelancer or own a small business, you need to figure out the whole deal yourself. Take a look at the following guide that can make tax time a lot more tolerable....