1099 taxes tips

As a blogger or any type of freelancer when you’re 1099 employee you are responsible for paying the government their share of income Typically, you will usually pay about 30% of your NET income to the government. Your NET income is calculated as Total revenue, minus total expenses. This gives you your NET. You’ll pay 30% of your net to taxes. For more blogging tips check out The Blog Societies.

Are you self-employed? If so, how do you know which business expenses you can deduct?

Are you an independent contractor? You can find answers here to questions about how you get paid, income taxes and self-employment taxes, and more.

What Can You Deduct on Your Taxes If You’re Self Employed? This post details items you can write off when it comes to tax time

Find out if you need to send out 1099's and why. Get a full explanaition of form 1099 to make sure your business is successful.

comparing the 1099-NEC with the 1099-MISC

Previously, business owners relied on traditional (read: W2) hiring methods to staff their sales positions. However, today's entrepreneurs are opting to work with independent (read: 1099) account reps to optimize selling results and success.

Millennial blog shares 3 Tips For Millennials Filing Taxes this year, to get the biggest deduction with the least stress by the April 18th, 2017 deadline.

📢 Friendly Reminder: W-2s and 1099s are due on Jan 31! ⏰ Don't forget to get those tax documents in order. #TaxSeason #DeadlineAlert #TaxPrep #FinancialResponsibility #TaxTime #IncomeTax #IRS #TaxDocuments #January31Deadline #FinancialAwareness #TaxFiling #TaxDeadline #MoneyMatters #RecordKeeping #TaxTips #TaxPlanning #FinancialWellness #FilingTaxes #FinanceFriday #Reminder #TaxInfo #DocumentDeadline #TaxSeasonReminder #FinancialLiteracy #StayOnTrack #money #finance #personalfinance

To purchase the Tax Deduction E-Book Click Here Need more resources? Check out The Resource Vault!