You will never believe what happened to me this week.....I had a free phone consultation with a new prospect on Tuesday. After 15 minutes on the phone, she was sold. I'm sure the fact that I was highly recommended by a current client helped a great deal. We ended the conversation with her ...
To be effective in any business, not only must you do a good job at selling your product or service, but it is imperative that you keep good records. Tax records are no exception to the rule. Did you know that when you don’t keep up with your expenses, you end up overpaying your taxes? Tax rates are high enough, and there’s no need to pay more than your share.
When determining whether your workers are employees or independent contractors, there are several factors you must consider. The traditional test to determine a worker’s status involves the concept of control. The IRS developed 20 factors to resolve a worker’s status as an independent contractor under the common law. The burden of proof is also on the taxpayer. It is understood that at least 11 of these factors should present evidence of an independent contractor’s status under the common law tests.
TAX SECRET #4 AVOID IRS AUDITS, AND IF YOU GET AUDITED -- END IT ...
TAX SECRET #3 PAYROLL TAXES NOT BEING PAID ON TIME