As an independent contractor, you enjoy the freedom and flexibility of working for yourself. However, it also means taking on additional responsibilities, including tax management....
Posted by Rosovich & Associates, Inc. on 07/01/2023
When you run two businesses with the sole proprietorship tax status, the IRS requires you to report each corporation's income and expenses separately. This means that your personal...
Posted by Pat Raskob on 10/07/2022
One of the complicated parts of managing your business is knowing and satisfying your tax responsibilities. Unlike personal income tax returns, which are usually completed with certain...
Posted by David Macgregor on 06/15/2020
The arrival of tax season is about to knock on your door, every self-employed individual is faced with a unique set of challenges. However, the self-employed individuals have an upper...
Posted by rinehimerbaker on 12/14/2018
What is an Independent Contractor?Independent contractor or a freelancer is a person or entity contracted to perform work or provide services to another entity, but not as an employee....
Posted by Duce Taxes & Accounting on 11/14/2018
Six Tax Tips for the Self-EmployedSelf-employed taxpayers normally earn income by carrying on a trade or business. Here are six important tips from the IRS for the self-employed:Self-Employed...
Posted by Emelia Mensa CPA on 02/14/2017
One such schedule is the Schedule SE. This particular schedule is focused on individuals who are self-employed. It assists you in determining how much you owe in terms of contributions...
Posted by James Carroll on 04/25/2016
The subject of tax is not the most pleasant for many. Though it is what some people live by. Yes, the tax preparer downtown, the CPAs around town and every other tax professional you...
Posted by Kenneth Taylor Accounting Services on 02/02/2016
Most people recognize Form 1040. It the most commonly used form for U.S. taxpayers. However, many people do not need to use many of the schedules that come along with Form 1040. In...
Posted by OTG Tax Advantages LLC on 01/26/2016
