Tax Planning And Compliance
What Does Self-Employment Tax Actually Pay For?
UPDATED for 2026 What does Self-Employment Tax actually pay for? If you’re an entrepreneur you’ve likely asked yourself this question, probably more than once. It might seem like a big pain at first, just another irritating task to deal with in running a business. BUT, here’s the deal with Self-Employment Tax: it pays into a…
Read MoreHow To Balance Taxes And Profits (The Surprising Truth Many Entrepreneurs Don’t Know!)
UPDATED for 2025 One of the things that Entrepreneurs like the LEAST is, of course, paying taxes. Who can blame them, though, right? We all want to make money rather than pay money. But, this is also where something really important comes in, that a lot of us Entrepreneurs and Small Business Owners don’t take…
Read MoreDo Non-US Residents Need to Receive 1099s? How to File 1099s For Non-US Resident Contractors (And Why It’s a Must)
Updated in 2024 Form 1099 confuses a LOT of business owners. Who gets them, who doesn’t, who has to file them, and what happens if you don’t. Basically, independent contractors receive 1099s. This means people who earn non-payroll wages on services rendered (non-employees). Where it gets even more confusing is knowing how to file 1099s…
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