Self-employed
Definition
A person who owns and operates a business by themselves or as a partner and derives income by conducting profitable operations of that business, rather than receiving a salary as an employee. A self-employed person is responsible for paying social security and medicaid taxes in addition to income tax.
See also
Definition from Nolo’s Plain-English Law Dictionary
Owning and working in a business other than a corporation, as opposed to working for an employer.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:24 pm
