Freelance? An IRS audit may be in your future
(Reuters) – This past New Year’s Eve, any impulse I had to ring in 2012 on a high note was drowned out by alarm bells from Uncle Sam. On that day, my wife and I received separate eight-page letters...
View Article59 Tips for the Self-Employed
Getting Started 1. Don’t operate as a sole proprietorship 2. Hire a professional bookkeeper 3. Outsource your payroll 4. Buy an accounting software package 5. Attend local new business owner courses...
View Article5 Slam Dunk IRS Audit Red Flags
Because in any given year the IRS is able to select for audit only a small percentage of tax returns, it employs a sophisticated system for choosing which returns to examine and which returns to...
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