What is the Federal Tax Rate for 1099 Contractors?
The question I probably get the most from freelancers and contractors is this: “So how much of this do I actually get to keep?” When you’re on payroll at a... Read more.
What is the 1099 Tax Rate?
What is the 1099 Tax Rate? One of the first questions I hear from freelancers, side hustlers, and small business owners is: “So what’s the 1099 tax rate?”... Read more.
Printable Tax Form for 1099 Contractors
Printable Tax Form for 1099 Contractors If you’ve ever Googled “printable 1099 tax forms” right before January 31, you’re not alone. Every year, I see small... Read more.
1099 Tax Form (All You Need to Know)
If you’re self-employed, a freelancer, gig worker, or just picking up some side hustle income, chances are you’ve already seen a 1099 tax form in the mail (or... Read more.
How to Plan for Quarterly Taxes (Without Getting a Surprise Bill)
Freelancers and self-employed workers enjoy the flexibility of being their own boss, but one major challenge they face is handling taxes. Unlike traditional employees... Read more.
Differences Between 1098 and 1099
A lot of taxpayers confuse the 1098 and the 1099 forms just because the numbers look so similar. I’ve had so many clients ask me what’s the difference between... Read more.
1099-K vs 1099-NEC: Top Differences
One of the most common questions I get as a CPA is what’s the difference between a 1099-K and a 1099-NEC? A lot of freelancers and small business owners don’t... Read more.
1040 vs 1099: What is the Difference?
Now, when it comes to tax forms, I don’t expect a regular person to know what all the tax forms are. That’s why there are professionals like myself, as a... Read more.
5498-SA vs 1099-SA: What’s the Difference?
When it comes to HSAs, I’ve seen a lot of people get confused between 5498-SA and 1099-SA. The numbers sound almost the same, so people think they’re interchangeable,... Read more.
LLC vs. Sole Proprietor: Which One is Right for You?
Starting a business comes with a million little decisions, doesn’t it?What to sell. How to market it. Where to set up shop. But one decision that can seriously... Read more.