If you are a self-employed independent contractor, you need to know that the tax clock is ticking and you’re in danger of letting serious income tax relief money slip through your fingers. If you’re not careful, you could also make some common self-employed independent contractor income tax mistakes that will mean you’ll owe back taxes on your 2009 income tax return.
If you’re a freelance self-employed professional, the most important thing
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In this current economy where the unemployment rate is still climbing, millions of taxpayers like you are setting up shop in their homes to provide services as self-employed independent contractors. Whether your new self-employment status is a temporary measure or part of your long-term plan to fortune and glory, there are tax dangers (plus surprisingly lucrative income tax relief) that you should pay attention to.
One of the top priorities for
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What investors need do as the year draws to a close is take advantage of opportunities to improve their tax situation by getting the tax help they need to make strategic decisions for managing their investment portfolios.
However, with the current recession and federal tax revenues declining, investors should be aware that the IRS is going to take every step it can to collect what’s due. So the most important tax
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I recently appeared on the KVEC Morning New as a guest tax expert to share some insider advice for filing your 2008 taxes.
In addition to year end tax tips, deduction opportunities that help make the most of slow economy, and advice on taking advantage of extended tax breaks,  I talked about how the IRS will continue to aggressively pursue tax cheats at every level in 2009.
Tracking down the non-filers, tax
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Please join me on Wednesday, December 31 at 10:00 AM (PST) on Blog Talk Radio for a live 1-hour installment of Business Matters - Where Your Small Business Matters. I will be discussing more year-end tax tips for small businesses with host Regina McRae, owner of Grandma’s Secrets, New York’s only dessert delivery company. This is a great show for anyone who runs their own company because Regina discusses important
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In this troubled economy, tax planning has never been more important, and small businesses and individuals can get started on trimming taxes now, before the end of the year.
I recently blogged about the things taxpayers can do before December 31, 2008 to reduce the tax bill due on April 15, 2009.
It has been a bad year for many, so it’s crucial to employ financial strategies that can help alleviate potential
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