1099s & Self-Employment Taxes?

Answer Self employment is a wonderful option for those with the initiative and desire to make it on their own. This freedom they experience, however, comes at a price. That price is the seemingly unending... Read More »

Top Q&A For: 1099s & Self-Employment Taxes

When are 1099s due to subcontractors?

When payments to subcontractors are reported to the IRS using 1099s, the form must be sent to the subcontractor by January 31. The due date for filing the form with the IRS is February 28. However,... Read More »

IRS Specifications for Filing a 1099S?

Internal Revenue Service form 1099S is used to report the sale or exchange of real estate. The form itself is relatively simple. It asks you to enter the date of the closing of the sale and the gro... Read More »

Is your state planning on imposing new taxes or raising taxes?

Much to my disappointment North Carolina just elected a liberal democrat for governor ; so I guess it is just a matter of time until she gets her marching orders from the messiah to "Spread The Wea... Read More »

How to Get Out of Estate Taxes & Income Taxes Without Moving States?

If you do not do any estate planning, your heirs could end up with a hefty estate tax and income tax bill when you die. The estate tax is a tax that is paid based on the total assessed value of you... Read More »