What is Backup Withholding?

If people don’t give you their ID for 1099 or W-9, you are required to hold 24% of what you paid them and send it to the IRS. Hair and Makeup: Be You Studio 23 Director/Camera: Kelly Black Fayetteville Public Library for their editing suite

Employee or Contractor?

Determining whether you are an employee or contractor can be confusing. Find out which you are and how to handle your taxes accordingly.

But I Already Paid the Taxes on That! – Taxes Held Out on Payments

Do I have to report payments on my taxes when the taxes were held out? Am I paying the taxes twice? How to report gambling, 401k, settlements, and more.

What’s all this stuff taken out of my check?

Why are there so many taxes taken out of my check? What are they? Is there anything I can do? Get these answers and more.