Fed up with paying huge self-employment taxes? I’ll show you how to slash them when you read my new article. Enough is enough! As the owner of an unincorporated small business, you’re probably sick of paying the exorbitant self-employment tax. And who can blame you? You work hard only to seethe IRS smash and grab a big chunk of your income. That’s why I urge you … [Read more...]
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Turn Independent Contractors into Employees Trouble-Free
Turn Independent Contractors into Employees Trouble-Free The IRS rewards business owners who fix their worker classification mistakes. I’ll tell you how. “Turn Independent Contractorsinto Employees Hassle-Free” To get my complete articlewith all the details... There are three monsters you may have heard of... Dracula who drinks blood. Godzilla who … [Read more...]
If the IRS Says Your Independent Contractors Are Employees, Use the CSP
If you misclassified your independent contractors, the IRS will come after you. Here’s how to avoid serious problems. Watch out! If the IRS audits your business and decides that you misclassified your independent contractors as employees, you could be in the soup. And deep in the soup. You see, the IRS will assess years of backemployment taxes, plus penalties and … [Read more...]
Health Savings Accounts: The Ultimate Retirement Account
What’s the best way to save for retirement? The surprising answer is a Health Savings Account (HSA). The HSA is a tax-advantaged medical savings account, much like an IRA, that’s paired with a high-deductible health plan. Why is an HSA such a great way to save for retirement? Because an HSA is the only tax-advantaged account that gives you three important … [Read more...]
A Terrific Perk for You, Your Net Worth, and Your Employees
To get my complete, FREE articlewith all the details… The Tax Cuts and Jobs Act certainly did some good. But it also did some not-so-good things… For example, the Act crushed a huge chunk of business entertainment tax deductions. Ouch! Luckily, business entertainment facilities escapedthe crushing, and such facilities continue to be100% tax-deductible … [Read more...]