Business Tax Articles

2 Posts tagged with the 1099 tag
Economic Recovery Package: What’s In It for You?

by BigIdeas4Biz

The $787 billion American Recovery and Reinvestment Act of 2009, which was signed into law on February 17, 2009, is designed to spur the economy. It makes numerous tax changes for individuals and businesses. Since sole proprietors, independent contractors, LLC members, and other owners pay tax on their share of business income on their personal returns, business-related changes become highly personal!

Most of the changes run for only a short time-...

Read full article >>
  • Viewed: 1,796 times
  • Rating: 
  • Reviews: 4
Freelancer or employee?

Freelancer or employee?

Click to view SBOCTeam's profile

Posted by: SBOCTeam, Jan 9, 2008

Understanding the difference may help your business avoid a costly headache

By Chris Freeburn

You know who your employees are, right? Of course you do. But are you sure the IRS will agree with you? That, it turns out, might be a problem. Small businesses often give their employees considerable flexibility in terms of hours and working conditions, and many rely on freelancers and independent contractors to perform specific tasks or take on temporary work. Such out...

Read full article >>
  • Viewed: 3,460 times
  • Rating: 
  • Reviews: 5