payroll taxes for a dentist with private practice

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americanpierg

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Hi, I understand that as a dentist running your own dental practice, you are required to pay a match on your social security tax and half of their medicare tax. Your also supposed to pay an unemployment tax for them. This is on top of your own federal/state income taxes and payroll taxes. Is this correct? Seems like your losing a ton off your income.
 
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