• What is income tax?

–it’s based on a company’s net income before tax

• What is self-employment tax

–it’s a social security tax paid by  an owner of a business

• What is payroll tax?

–it’s based on the amount paid to employees in wages and salaries

• What is the difference between an employee and an independent contractor?
• What is sales tax?

–it’s a tax collected from customers and paid to the state and county government on the sale of goods (but not services)