Independent contractors are considered self-employed, and are subject to the self-employment tax. Social media influencers and creators also fall under this category.
Starting a business has become easy and convenient in the United States.
Dealing with tax obligations is complex and can be confusing. That is why the more you understand about it, the better you feel and will have more opportunities to improve…
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Every small business person should plan to become conversant with the contents of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The Act is perhaps the largest in…
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Many small business people regularly engage with their CPA firm to prepare a tax projection for the upcoming year, which requires familiarity with various tax and financial planning measures. The…
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Tax Relief for (Big) Capital Gains Just when it looked like Congress needed something to do while the government was shut down, they found the time to put some closure…
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Who Can Benefit from Section 199A 20% Deduction? Most Americans realize that Congress passed a Tax Cuts and Jobs Act (so-called Tax Reform) effective for 2018. It is also well…
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