How To File Taxes As A New Uber Driver

Posted by on Dec 27, 2017 in Uncategorized | 0 comments

Phone: (888) 561-7287 Driving for Uber gives you the freedom to work where and when you want. However, with that freedom comes the responsibility of filling and paying your own taxes. Not only must you file income taxes as an Uber driver but you are required to pay self-employment tax if you have at least $400 in net earnings. This tax is 15.3% and is for Social Security (12.4%) and Medicare (2.9%). When you work for a company as an employee,...

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How To File Your Back Taxes in New York State

Posted by on Dec 21, 2017 in Uncategorized | 0 comments

Many people get worried when they haven’t filed taxes in years and their anxiety may be justified. Tax debt problems have even pushed some people to do the unthinkable. After all, for those that meet certain thresholds, filing and paying any tax due is a requirement. Failing to do so could result in penalties or, in some cases, criminal prosecution. There are several other reasons why you should get tax help if you have several years of unfiled...

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How Do You Pay Taxes For Your LLC

Posted by on Oct 10, 2017 in Uncategorized | 0 comments

Your LLC and Taxes – What You Need To Know The LLC differs from a corporation, in the eyes of the IRS, in that it is not considered a separate entity from the owner. It is treated for tax purposes as the individual, in the case where there is only one owner, and as a partnership where there are two or more owners. One of the first questions new entrepreneurs ask is how do small business owners pay themselves? As an employee taxes are...

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How Do Small Business Owners Pay Themselves

Posted by on Jan 10, 2017 in Uncategorized | 0 comments

Phone: (888) 561-7287 This is one of the most frequently asked question that we receive from small business owners. After all, getting paid is important whether you are an entrepreneur or 9-5 employee. The answer depends largely on how your business is structured. If you are an unincorporated business things are pretty straightforward. You pay tax on the profits of your business, regardless of whether or not you actually withdraw it from your...

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How To File Taxes as a New Lyft Driver

Posted by on Nov 27, 2016 in Uncategorized | 0 comments

  Phone: (888) 561-7287   Driving for Lyft gives you the freedom to work where and when you want. However, with that freedom comes the responsibility of filling and paying your own taxes. Not only must you file income taxes as a Lyft driver but you are required to pay self-employment tax if you have at least $400 in net earnings. This tax is 15.3% and is for Social Security (12.4%) and Medicare (2.9%). When you work for a company as...

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