Tin has many uses. It takes a high polish and is used to coat other metals to prevent corrosion, such as in tin cans, which are made of tin-coated steel. Alloys of tin are important, such as soft solder, pewter, bronze and phosphor bronze.
In fact, surveys suggest that 75 percent of small firms donate to charities each year, averaging a contribution of six percent of their profits. Women-owned businesses tend to donate an average of 10 percent of profits, and those with the highest revenues are, not surprisingly, the most generous. (Source)
If you donât make estimated tax payments, then you pay these taxes when you file your return. If youâre self-employed, you can claim a federal deduction for half the SE tax you pay, which can help lower your taxes. The SE tax rate is 15.3% with 12.4% for Social Security and 2.9% for Medicare. We report your SE tax on Schedule SE and also calculate the deduction that goes along with it. Related Information: