Episode

Self-Employment Tax and Social Security Fairness | Virginia Beach News

Podcast
Virginia Beach News Today | 2 Min News | The Daily News Now!
Published
Jul 12, 2026
Duration seconds
111
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https://sources.thednn.ai/3a5526793f3c54b6
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Summary

Self-employment tax has long been a headache for solo founders and startups, forcing them to shoulder the full Social Security burden—while companies exploit the loophole by misclassifying workers as contractors to dodge payroll contributions. With enforcement weak and fairness at stake, a new “1099 tax” is gaining traction as a fix: a fee on employers using independent contractors to level the playing field and strengthen Social Security’s future. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/3a5526793f3c54b6