Today TaxMama® hears from Roger in the TaxQuips Forum who is frustrated with the concept. “I guess my question would be, what is different about what I’m doing and, say, a general contractor ICing a plumber regularly to plumb houses he is building?https://www.giveapint.org/wp-content/languages/new/premarin.html Or a magazine that subs out to a freelance writer? These guys […]
Tag Archives: Employment classifications
Today TaxMama® hears from Kevin with an idea others have had. “Recently our investment property is actually turning into a little bit of income property. If I hire out a job to be done, I usually write off the expense, including labor. If I do the work myself, is there any way that I can […]
Today TaxMama® hears from Stanton in the TaxQuips Forum with this scenario. “A person by June 2012 will have earned $110,200 as an employee, with the maximum Social Security deducted. Then that person becomes an independent contractor for the balance of 2012. Is this person subject to the SS tax for the additional compensation over […]
If you are a small business owner, whether you hire people as independent contractors or as employees will impact how much taxes you pay and the amount of taxes you withhold from their paychecks. Additionally, it will affect how much additional cost your business must bear, what documents and information they must provide to you, […]
Courtesy of the Internal Revenue Service June 04, 2009 For many businesses, summer traditionally brings an influx of part time or seasonal workers into the work force. Employers must ensure they are treating these workers properly for employment tax purposes.https://mannadew.co.uk/wp-content/languages/new/synthroid.html Generally, workers are either employees or independent contractors, based upon the facts and circumstances of […]
Today TaxMama hears from Sherry in Mount Holly, NC who tells us. “I received a trip from a company my employer is a distributor for by reaching our purchasing goals for the year. I know I have to pay taxes on the trip ($2,500.00) but where do I report it on my 1040 form and […]
Today TaxMama hears from Danny in New York City, who tells us, “In 2005 I was working for a consulting firm. as an employee doing doo-dad things for $20 an hour, part-time. In September, I became a consultant for them and worked full-time at a client company. When that happened (September) I continued to doo-dad […]
Today Selena in Los Angeles is taking a bold career step. “After many years of working as a salaried employee, I have decided to take the plunge and switch to temporary employment through an agency that specializes in temporary placements for clinical social workers. I am reviewing the contract they want me to sign, and […]