My business partner and I started a small business back in October 2019. We are in the bronze foundry business specializing in fine art. Our jobs sometimes involve doing subcontract work with other bronze foundries as well. Which they ...
  1. Unfortunately, on paper you are operating as an individual in a partnership which makes you liable for income tax, self-employment tax and estimated taxes. W-9 ... Read more

I’m a direct seller working out of my home for a company that has me on a 1099. What are some common mistakes you see in terms of taxes?
  1. You will receive a Form 1099 if your earned wages exceed $600.  Common 1099 mistakes are the following Complete a Form 1040 individual income tax form used for ... Read more