When you want to bounce back from an audit, there are some tips that you will need to keep in mind. Being audited by the IRS can be an incredibly scary situation, so it is incredibly important that you learn the best ways to proceed. By taking these points into consideration, you will have
While some businesses start out with a single person behind them, most people eventually wind up hiring a few employees. Of course, if you're going to bring on employees, you'll need to make sure you compensate them appropriately. If you don't know what you should pay your employees, keep on reading. You'll be able
If you have a project you're working on through your business, or have something that you'll need help on for a long time, you can find help either way. Contractors are generally best for short term work and employees will work mainly for you usually. Learn here when to work with employees and contractors.
One of the most common reasons for receiving a 1099-Misc is that you are self-employed or worked as an independent contractor at some point during the year. In most cases, clients are required to send you a 1099-Misc reporting form if you made over $600 with them in that tax year. There are sometimes when