Taxes Part 3

I've been looking into doing work as a Spanish-English translator, and that means I would be self employed (or a free-lancer). That means that the people that pay me do not withhold income for taxes (including Social Security and Medicare). So who has to take care of that? Me! I would have to pay my taxes quarterly (four times a year). There are, however, some really good benefits for being self-employed. For example, I would be able to deduct my Health Insurance premiums! If you have any questions about that, there is lots of information on www.irs.org