Tag Archives: Bookkeeping

Seven Tax Tips for New Business Owners

As you know, TaxMama is the author of Small Business Taxes Made Easy, which some people use as their business bible. Each of IRS’s tips is expanded, in detail, in Small Business Taxes Made Easy, – I’ll add the chapter references to IRS’s tips for you. A new edition of the book is due out this winter. […]

Partners on Payroll

Today TaxMama hears from Allison who’s a bookkeeper in Angola, IN. She says, “I do the bookkeeping for 3 partners. They get paid by the mile for work they do and they split the money they make evenly each week. They want to be paid as employees so they don’t have to make estimated tax […]