What You Don’t Know About Independent Contractor Taxes Can Hurt You

When it comes to paying taxes, working for yourself (as opposed to working as an hourly or salaried employee for a company) can be a bit tricky. When you’re hired as an employee, you fill out a W-4 form (which is also known as the Employee’s Withholding Allowance Certificate) and the information you provide on […]
How to prepare for quarterly taxes

Are you a sole proprietor, freelancer, or independent contractor? If so, you should be making quarterly tax payments. If you’ve never done this before, don’t fret. We’ve compiled several FAQs that you can use to get yourself started. Why the IRS wants you to pay throughout the year Can you wait until the traditional tax […]
What Are Client Accounting and Advisory Services?

If you’re like most people, trying to understand tax and accounting lingo is like trying to read Greek. You understand that you need help with certain things, but the words and terms rarely make sense. When someone opts for client accounting services, this means they’ve
How Accounting Services Can Help You with Independent Contractor Taxes

If you’re an independent contractor (and you’ve received a form 1099 for the 2019 tax year), you’ll need to plan for independent contractor taxes. If you don’t plan for IC taxes, your end-of-year tax bill could be both surprising and hefty.