what are the benefits of being self employed 
the benefits of being self employed include being your own boss creating your own schedule flexibility working towards your dreams enjoying the challenges of starting something from scratch choosing the people you work with and creating your own work environment the bottom linea self employed person isn t tied to a specific employer they more or less decide when they ll work and when they won t as such a self employed person is their own boss which comes with certain tax liabilities this includes paying the employee and employer portions of social security and medicare taxes as well as periodic income tax payments they must also foot the bill for supplies equipment and office space although it may sound tempting it s important to consider the benefits and disadvantages carefully if you re considering going out independently as a self employed person 