Tag Archives: self-employed house painter

Hit the Road Jack

Today TaxMama hears from Summit in the TaxQuips Forum, who has some questions.https://biuinternational.com/wp-content/languages/new/how-to-write-an-essay-about-your-self.html “When doing work nationally what are the tax implications? We are a painting contractor based in, say, New York, travel to Mississippi and paint a building for 50k, then travel to Alabama and paint a building for 50k and so on… what […]

Record Keeping for Business Barter Transactions

Courtesy of IRS In today’s economy, small-business owners sometimes look to the oldest form of commerce — the exchange of goods and services, or bartering. The Internal Revenue Service wants to remind small-business owners that bartering transactions generally have associated tax reporting, accounting and record-keeping responsibilities. Bartering is the trading of one product or service […]