arts
Can you use SSN for 1099?
If you do not have the Social Security number by the time to file Forms 1099-MISC, you should leave the identification number box empty, but still submit ...
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business
What happens to the 1099 income after death?
This doesn’t make the 1099 invalid, it just makes more work for the executor. As discussed in the article Track the Estate Income, the executor will have ...
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science
What happens to your tax return if you are married and file separately?
What Is Married Filing Separately Status? If you are married and file separately, you’re only responsible for your own return, and thereby your own tax pa...
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environment
Can a single-member LLC be taxed as an S corporation?
Learn how you can have your single-member LLC be taxed as an S corporation. The default federal tax status for a single-member limited liability company (...
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environment
How much is the IRS filing fee?
The user fee for Form 1023 is $600. The user fee for Form 1023-EZ is $275. The user fees must be paid through Pay.gov when the application is filed. Does ...
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technology insights
How long can you work under L-1 visa?
In either case, it is the employer (“petitioning employer”) that submits the visa application. For both L1-A and L1-B, the employee must have worked for t...
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local updates
Can you have a w2 and be self employed?
Regarding how to report self-employment income, self-employment income isn’t reported on a W-2. There is no W-2 self-employed specific form that you can c...
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business
What is 401a in Box 14?
A 401(a) is a retirement plan offered to key employees by a government employer. This money is contributed by the employer and is not counted as income to...
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health
Should I put zeros on my tax return?
It doesn’t matter whether you enter “0” or “-0-“. The instructions usually say “enter -0-“. However, this is as much for making the instructions more legi...
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arts
How to file taxes for a Partnership LLC?
Before you begin to form a hybrid business structure, such as an LLC, you must first understand how to file taxes for a partnership LLC. First, you’ll nee...
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