Summer work is an initiation ritual for many teenagers. And a lot of teenagers are discovering it the hard way that paying taxes is part of normal life.When collecting tax return documents,...
Posted by Debi G Hill, CPA on 10/01/2019
There are critical tax favorable circumstances for Independent Contractors (IC) versus workers. ICs deduct costs of doing business, though, the new tax law (TCJA) suspended "unreimbursed...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 09/25/2019
Don’t forget self-employment tax in your business tax planning. The tax for Social Security and Medicare paid by business owners is what self-employment tax is. It is paid in...
Posted by Flynn Financial Group Inc on 08/23/2019
Collecting, reporting, and paying payroll taxes are among the many responsibilities an employer has as required by federal and state laws. If you are a “responsible party”,...
Posted by YourIRSTaxAdvocate.com on 06/25/2019
Being independent has many advantages. Being your boss means having the freedom to work as you wish, to do what you want when you want it. There are no demanding supervisors to dictate...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 05/01/2019
Owning a business is not just about making profits but saving money as well. One common way to save money is by taking advantage of small business tax deductions. It's typical...
Posted by Advantage Tax Services, Inc. on 04/09/2019
Are you a self-employed, freelance or an independent contractor? Organize your finances with QuickBooks by yourself and let us assist you in finding your tax deductions. Get cash back...
Posted by Wright Tax and Accounting Solutions on 03/08/2019
14.3.1 [a] U.S Taxation of Canadian Residents on Personal Services IncomeUnder the Code, non-resident aliens who earn income in the U.S. are subject to federal income tax on the portion...
Posted by The Accounting and Tax on 01/21/2019
14.2.2[a] Independent Personal ServicesArticle XIV governs income earned by an individual from independent personal services. Any type of business or professional activity could qualify...
Posted by The Accounting and Tax on 01/21/2019
