This caveat is often overlooked by some self-preparers and even a few new professionals. This exception to the rule has been the source of audits in recent years.
“The Offer In Compromise program is sometimes pitched by advertisers as “settle your debt for pennies on the dollar.” Although this term can be a little misleading, the overall message is that a taxpayer can settle their debt with the IRS or…
This lowering of SE taxes may not really be the best reason to incorporate but often it’s the most visible tax benefit
“I will definitely state that if you have two or more business owners involved, that a competent local business lawyer should be involved in creating your LLC, and in drafting your related legal documents.”
So I heard your side hustle is strong — So is the Tax Man’s
…some states don’t require you to pay these taxes if your guests are residents of the same state…
All of a sudden an Uber driver, for example, would be considered self-employed and is now required to file a Schedule C with their tax return.
“I thought I didn’t want to be an accountant, but as time went on I kept an open mind and after learning more about it, I realized that that is exactly what I wanted to be.”
Taxfyle: Where are you talking to us from?
These were the top 10 stories published by Taxfyle; you can also dive into yearly archives: 2016, 2017.