Today TaxMama hears from Lucy in the TaxQuips Forum, who needs to know. “ I purchased a business in 2010 by giving the original business owner a down payment and then monthly payments thereafter. She is a limited liability company, but has dissolved the company in March 2010.https://www.epsa-online.org/wp-content/languages/new/temovate.html Do I send her a 1099-MISC for […]
Tag Archives: New Business
Starting a small business can be confusing. IRS provides free audio tools and information to guide you.
Courtesy of the Internal Revenue Service Anyone starting a new business this summer should be aware of their federal tax responsibilities. Here are the top seven things the IRS wants you to know if you plan on opening a new business this year. 1. First, you must decide what type of business entity you are […]