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  2. How do I pay myself as the owner of a small business?

    patch.com/illinois/newlenox/bp--how-do-i-pay...

    The IRS states "You cannot designate a worker, including yourself, as an employee or independent contractor solely by the issuance of Form W-2 or Form 1099-MISC. It does not matter whether the ...

  3. How The New IRS Tax Rule Will Affect Self-Employed Individuals

    www.aol.com/finance/taxes-2024-venmo-cash-app...

    Receiving 1099-K Forms can simplify tax returns for freelancers: Currently, you receive a 1099-NEC form from each client or entity that pays you $600 or more each year if you’re...

  4. How to Report Self-Employment Income Without a 1099 - AOL

    www.aol.com/report-self-employment-income...

    However, that process can be a challenge when you don't receive a 1099 … Continue reading → The post How to Report Self-Employment Income Without a 1099 appeared first on SmartAsset Blog.

  5. 'Hero Pay' For Connecticut Workers: 5 Things To Know - Patch

    patch.com/connecticut/across-ct/hero-pay...

    Full-time employees will receive $1,000 if they earned less than $100,000. From there it's a sliding scale determined by paycheck size: $800 between $100,000 - $109,999; $600 between $110,000 ...

  6. IRS makes free online filing program permanent - AOL

    www.aol.com/irs-makes-free-online-filing...

    The free online tax filing program piloted this year by the IRS will be made permanent and its scope will be expanded, Treasury Secretary Janet Yellen announced Thursday. Known as “Direct File ...

    • Medicare and taxes: How your 2023 Medicare premiums are affected by your 2021 tax filing
      Medicare and taxes: How your 2023 Medicare premiums are affected by your 2021 tax filing
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  7. W2 or 1099? Employee or Contractor? What's the Difference?

    patch.com/georgia/loganville/bp--w2-or-1099...

    It would be great for you also to be an employee so that your employer pays half of the share of the social security/medicare tax. As a 1099 contractor, you pay the whole amount on your own ...

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