Business Taxes
When Do I Need to Issue a 1099-NEC?
When Do I Need to Issue a 1099-NEC? If you pay someone $600 or more for services during the tax year, you have to issue a 1099-NEC. This does not include payments for products.
When is my Sole Proprietor Tax Return Due?
When is my Sole Proprietor Tax Return Due? Sole Proprietor tax returns are filed with the owners personal tax return on Schedule C Small Business Tax Return. These returns are due April 15th of each year.
When is my S-Corporation Tax Return Due?
When is my S-Corporation Tax Return Due? S-Corporation returns are due March 15th each year. An automatic 6 month extension is available.
When is my Partnership Tax Return due?
When is my Partnership Tax Return due? Partnership tax returns are due March 15th each year. An automatic 6 month extension is available.
When is my LLC Tax Return Due?
When is my LLC Tax Return Due? The due date of an LLC tax return depends on how the owner elected to be taxed. An LLC can be taxed as a Sole Proprietorship, S-Corporation, C-Corporation or Partnership.
Are Employers Required To Report The Information That Employees Claim On Their Form W-4 To The Irs?
Employers, Form W-4 & The Irs No, employers aren’t required to report any information that employees claim on their Form W-4, Employee’s Withholding Certificate to the IRS.
Any Social Security and Medicare Taxes If My Employees Receive Tips?
Employers must report and pay taxes on tips that employees report to them. As an employer, do i have any liability for social security and Medicare taxes if my employees receive tips but don’t report them to me?
