Filling Out the IRS Form 926 – Here’s What Taxpayers Should Know?
The citizens of the USA are liable to pay taxes. It doesn’t matter whether they are working in the country or in […]
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Who Should Fill IRS Form 8919 and why is it Needed?
Preparing and filing taxes is the responsibility of every US citizen. An employee earning may find the tax deductions in their paycheck. It is the employer who holds some amount to complete payroll taxes. It is the employer’s responsibility to file for medicare and social security taxes on their behalf. The taxes depend on the employment status of the individual. However, things can go south when the firm unintentionally classifies you as an independent contractor or self-employed. In that scenario, the individual has to file the IRS Form 8919
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Self Employment Tax – Version of Tax for Self-Employed Person
There are many businesses that have multiple employees. The employees work from 9 to 5. The business maintains the payroll, and these […]
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