Taxpayer asks: I own a S-Corporation. If I receive a project from my client and want to subcontract a part of it to another company,
Read MoreCategory: small or home-based business
Ask The Taxgirl: SMLLC & Estimated Payments
Taxpayer asks: I started a single member LLC this year, and need to make estimated tax payments. When I went onto the IRS site to
Read MoreTwitter Tax Tips #19
Remember that small biz can expense some business costs in 08 rather than depreciate. Immediate savings! #TwitterTaxTip (For more on twitter tax tips, see my
Read MoreAsk The Taxgirl: Reporting For Single-Member LLCs & S Corporations
Taxpayer asks: Hi Tax Girl, I had income from multiple sources in 2008 – albeit, not much…it was a bad year 🙁 I briely worked
Read MoreAsk The Taxgirl: Should I Ask Performers To Complete A Form W-9?
Taxpayer asks: Hi there. I work for a church that has musicians perform on a regular basis (at least once a month). We cut them
Read MoreTax Tips For Small Business Owners
Today’s post is courtesy of guest author, Sheryl Schuff. You can find out more about Sheryl by checking out her interview as part of my
Read MoreTwitter Tax Tips #11
Expense it! In 2008, businesses can expense up to $250,000 of §179 property instead of depreciating. #TwitterTaxTip (For more on twitter tax tips, see my
Read MoreAsk The Taxgirl: 2008 Mileage Rates
Taxpayer asks: I understand mileage rates changed in the middle of the year by the IRS. Can you offer the mileage rates for medical and
Read MoreAsk The Taxgirl: Temps As Employees
Taxpayer asks: Hi Kelly, Here is the situation i worked for a doctor’s office for two months and she informed me that I did not
Read MoreAsk The Taxgirl: 1099 For Rent
Taxpayer asks: I am a sole prop and paid rent to an accountant who is a professional corporation. Do I need to 1099 him? Taxgirl
Read More