Subcontractor or staffer? Read on to find out what you need to know about worker classification. Your business is expanding, and you need help–it could be permanently but you aren’t sure. Then you find yourself wondering: do you need a freelancer, or do you have...
Your guide to estimated quarterly taxes, how much you have to pay, and when you have to pay them. When you’re an employee, paying your taxes is simple–you just tick off a few boxes on your tax form and viola, your taxes are paid. For freelancers, entrepreneurs...
1096 Forms – 1096 Deadline Now that you sent out those pesky 1099 forms back in January, it is time to complete the process and send the 1099 copies to the IRS along with your 1096 form. These forms must be sent in to the IRS no later than February 28,...
Fourth Quarter Taxes Yep, its that time again. Don’t forget to send in your fourth quarter 2010 estimated taxes on Monday. Normally they are due on the 15th, but because the 15th fell on a Saturday this time around, you have a tiny extension until...
6 Important Tips for Getting Your 1099’s Right One big “tax-time-task” (say that three times fast!) is filing 1099 forms. It’s hard to believe, but this tax deadline is looming just around the corner, especially because we lose almost the...