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Small Business Owner vs. Self-Employed: What’s the Difference?

Small Business Owner vs. Self-Employed: What’s the Difference?

by PSA CPA | May 1, 2023 | 4 comments

There are several parallels between being self-employed and owning a small business. For instance, both empower you to be your own boss! However, when it concerns filing taxes and reporting company revenue, your official business classification might signify quite...

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Tyler King on Understanding the Taxation of Social Security BenefitsJune 11, 2025
It’s interesting to see how Social Security benefits are taxed differently depending on income and location. I didn’t realize only…
Jimmy on Understanding the Taxation of Social Security BenefitsJune 8, 2025
This is a well-explained overview of how Social Security benefits are taxed. It’s surprising that only a few states tax…
Larry on Understanding the Taxation of Social Security BenefitsJune 6, 2025
It’s interesting to learn how Social Security benefits can be taxed based on income levels. I didn’t realize that only…
George on Understanding the Taxation of Social Security BenefitsJune 4, 2025
This is a well-explained overview of how Social Security benefits are taxed. It’s surprising that only a few states tax…
Zach on Common Tax Write-Offs and How to Claim ThemJune 2, 2025
This is super helpful for tax season planning!

4 responses to “Small Business Owner vs. Self-Employed: What’s the Difference?”

Stacy

May 10, 2024

What’s the defining difference between small business and large or medium business?
Aahir

June 16, 2024

Your posts are so clear and informative
Mike

June 17, 2024

Thank you so much!
Makena

June 24, 2024

This helped, thanks. Could you also explain the difference between credits and deductions?