need tax advice for this year!
- Thread starter Checkmate
- Start date
kirkonpolttaja
Senior Member
- Feb 6, 2010
- 1,030
- 674
Havent done this also lol... I should go to talk with taxer about this.
Can IM be counted as freelancer work? if your doing stuff alone for CPA network?
If this is the case... HURRAY!!! low tax rate!.. which is 7%
if CPA is counted as normal work.. tax rate will be 23%
Can IM be counted as freelancer work? if your doing stuff alone for CPA network?
If this is the case... HURRAY!!! low tax rate!.. which is 7%
if CPA is counted as normal work.. tax rate will be 23%
BorisTipsIt
Regular Member
- Aug 28, 2010
- 210
- 57
What country? If the US, then you report it on your 1040 Schedule C.
Single owner LLCs don't help much. The IRS considers them disregarded entities and you just end up paying as though you were a sole proprietor [freelancer].
Single owner LLCs don't help much. The IRS considers them disregarded entities and you just end up paying as though you were a sole proprietor [freelancer].
