The IRS considers an independent contractor as a self-employed or an entity hired to provide a service or work for another entity as a non-employee. Due to that, independent contractors...
Posted by Taxes Made EZ Inc on 10/30/2022
Small businesses usually run into problems because of the IRS Trust fund. The money held by the employer in trust is used to pay the employee’s Social Security and Medical taxes....
Posted by KLSM CPA Firm PLLC on 10/26/2022
You have to wear many different hats when working alone. Yes, it can be great when you wear the HR hat because you don't have to keep track of vacations. But when you put on your...
Posted by Taxes Made EZ Inc on 07/31/2022
Small businesses have other tangible struggles in the economy. Owners of these businesses are looking for ways to cut expenses while saving more. And one of the ways to reduce costs...
Posted by KLSM CPA Firm PLLC on 06/11/2022
At the end of the sexual assault process, it makes sense to wonder if you will pay taxes for your settlement. It can sometimes get messy when it comes to settlement and sexual abuse...
Posted by KLSM CPA Firm PLLC on 03/10/2022
You can't help but give Uncle Sam his due, and if you want to avoid an audit, it's important to get it right the first time. Unlike W-2 employees, the self-employed taxes are...
Posted by Dennis Jao on 02/28/2022
All businesses that have employees must submit an annual W-2 report containing information on total employee compensation and withholding tax for the year. If you have W-2 forms for...
Posted by Taxes Made EZ Inc on 01/21/2022
Every small business owner needs to make sure they take care of all taxes for their business and workers, be it local, state or federal taxes, including payroll taxes. All businesses...
Posted by Rosovich & Associates, Inc. on 09/19/2021
The process of closing a corporation can be hectic and complex, especially for its founders and shareholders. The tax issues can be very confusing, but the IRS has given a clear-cut...
Posted by Abundant Wealth Planning LLC on 08/06/2021
