The Independent Contractor Guide: 1099 Taxes Explained
Did you know that whether you’re an employee or an independent contractor, you pay for Medicare and Social Security through taxes? As an employee, you pay for it before you get your check. As an independent contractor, you pay for it after you receive all your revenue. This makes 1099 taxes more overwhelming than W-2 […]
Tax Return Extension Basics: How to Avoid Overpaying the IRS
You might owe taxes, but you’re not ready to file yet. So you file a tax return extension with the IRS. Now you have time to relax and pay later… right? Wrong. Don’t fall for that trap. The internet is full of people telling you that a tax extension gives you extra time to […]