Tag Archives: self-employed
When you work in the professional media circuit, such as a news reporter, you likely don’t mind being in the spotlight. However, you never want to attract the attention of the IRS for failure to file a correct tax return. Media professionals who work for a company ona regular basis and are considered an employee […]
— Read moreAs an electrician or other tradesman, you will receive Form W-2, Wage and Tax Statement, from your employer. Payments that you get for services you provide outside of your employer, may be considered pay from self-employment and reportable on Schedule C, Profit or Loss from Business. Independent income would incorporate payments received for introducing overhead […]
— Read moreNo matter what type of skilled trade you work in, whether you are a computer service technician, a mechanic, a laborer, or any other job which requires a unique skill-set, you may be able to reduce the amount of taxes you owe each tax year by claiming certain deductions. If you work for a specific […]
— Read moreYou make your living by performing in front of others, be it through song, dance, spoken word, or some other medium. If you work for a specific venue, you may receive a Form W-2, as they would be considered your employer. However, if you freelance or receive payments from someone you don’t work for regularly, […]
— Read moreJust because you are a fulltime student doesn’t mean you are automatically exempt from filing a tax return or reporting your income. If you didn’t have enough withheld during the year, you may owe a surprising amount of taxes. If you don’t have to file a return, you still should, as you may be entitled […]
— Read moreNot everyone can drive and operate a forklift. It takes a special skill, training, and an extra cautious mindset to be a safe forklift driver. When it comes to taxes, forklift operators have to know how to drive their way through a rigorous tax code. However, with a little extra help, tax time for forklift […]
— Read moreJournalists have an important job in reporting the current events and other newsworthy stories to the public. When it comes time for taxes, it’s important for those who work as a journalist or media professional to know what to expect. You will receive a Form W-2 from your employer which will document the amount you […]
— Read moreAre you employed as a custodian? As well as cleaning and organizing your employer’s business, you’ll need to do the same to your expenses come tax time if you want to save the most money. Your employer will send you a Form W-2, Wage and Tax Statement, provided you work for the company and are […]
— Read moreLike any other skilled tradesman, professional painters can expect to receive a Form W-2, Wage and Tax Statement from their employer. Anyone who runs their own business or does painting work on the side is considered to be self-employed, and should receive a Form 1099-MISC for any amount they received on their own. Even if […]
— Read moreDo you drive a vehicle, like a school bus, semi-trailer, truck, or taxi for work? Drivers will receive Form W-2, Wage and Tax Statement, for income from wages you obtain being an employee. In the event that you received a Form W-2 and the ‘Statutory employee‘ check box in Box 13 is marked, report that […]
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