1078
Showing all 2 results
-
Welcome to the 1099 economy – Independent contractor scrutiny shows no signs of diminishing
April / May 2016
Newsletter: Trendlines
Price: $225.00, Subscriber Price: $157.50
Word count: 1078
Abstract: More and more businesses are turning to independent contractors to meet labor needs. But, as they do, the IRS continues to scrutinize whether many of these independent contractors are actually employees. This article explores the agency’s interest, poses key questions to consider, and checks in on the IRS’s Voluntary Classification Settlement Program. A sidebar looks at another important compliance issue related to independent contractors: the Department of Labor’s “economic realities” test.
-
Plan your individual income tax strategies for 2011
May / June 2011
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 1078
Abstract: The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 extends many breaks through 2012. This article offers facts about key Tax Relief act changes affecting individuals, and tips for taking advantage of them. It touches upon tax rates, itemized deduction and personal exemption phaseouts, capital gains tax rates, Social Security taxes, education-related tax breaks, and a federal tax credit for all-electric cars. A sidebar discusses a large but temporary boost in the gift tax exemption.