How to compute quarterly estimated tax for a freelancer?
Hi,
I read a lot about estimated tax but I am still confused. Is it based on sales amount or net income? I read that it's good to pay 25% to 30% each quarter but I am having trouble computing it ...
If I am starting a business from my home office deductions the first year
If i start a business from my home office and during the first year do not bring in revenue as I am building a internet website can I deduct part of the cost of my business expenses like part ...
Should I report independent contractors to EDD California?
Hi,
I always prepare a 1099 form for my clients' contractors but today I was on EDD employer account and I saw that it was written that the employer must report the info of independent contractors as well. I am confused. ...
What is the best type of business to set up for an international distributer
I have a client that is purchasing goods in the US and selling them to their clients in Chile. What are the tax implications for US & Chile? What type of business entity is best? He has a full ...