![]() Read more…Ģ021 saw an unprecedented number of workers and businesses using a work-from-home model. When you are hired as a contractor for a business or beginning work as a freelancer, you may be asked to complete a W-9 and provide it to the business that will be paying you. One of the most common situations is when someone works as an independent contractor for a business. Read more…įorm W-9 - What Is It and How Is It Used?įorm W-9 is a commonly used IRS form for providing necessary information to a person or company that will be making payments to another person or company. But if you are self-employed or make money on your investments or rental property, you may need to make estimated tax payments every quarter, rather than wait until you file your annual tax return. Usually, that's enough to take care of your income tax obligations. ![]() If you are an employee, your employer withholds income taxes from each paycheck based on a completed W-4 Form. Read more…īeginner's Tax Guide for the Self-Employedīefore you take your first step into the world of entrepreneurship, there's a checklist of things you'll need to do to avoid tax problems while your venture is still in its infancy. ![]() If you own or work at a barbershop or hair salon, there may be tax deductions that you can take advantage of this tax season. Tax Filing Tips for Hair Salons, Barbers, and Hairdressers Subscribe and receive all Self-Employment Taxes
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