Yays look for a tax lawyer near you when in need. Be sure to check online for any reviews that have been shared by prior clients. This will help you to trust when it comes to risky issues like tax law.
If you owe income taxes from your self-employment or because of your small business — be it a sole proprietorship, partnership, S-corp or some other small-business organization that files taxes on your individual return – you might find that your tax liability exceeds your ability to repay, or at least your ability to repay immediately….
You might have heard that the Republicans’ Tax Cuts and Jobs Act has repealed the individual mandate created by Obamacare. Unfortunately, the mandate is still in effect for the 2017 tax year, so filers who did not buy insurance are still subject to the penalties. This “shared responsibility” payment will be 2.5% of your household…
Small businesses frequently hire people to work for them. Whether these hires are classified as employees or independent contractors impacts whether an employer must withhold income taxes and pay unemployment, Social Security, and Medicare taxes. Improperly classifying employees as independent contractors is an area of concern for the IRS, so small business owners should carefully…