In Sirius Solutions, the court rejected a participation-based test for self-employment tax, finding that limited liability, ...
The Tax Court held that the IRS had not conceded a taxpayer’s liability for self-employment tax on freelance writing and memorabilia sales income by sharing information with the Social Security ...
Recently, the Internal Revenue Service ("IRS") has successfully asserted that limited partners in private equity and hedge funds that are organized as limited partnerships were subject to tax under ...
Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division. The IRS has audited significantly less than 1% of all individual returns ...
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Self-employment tax strategies: What you might want to know
Learn how to effectively manage your self-employment tax with our comprehensive guide on strategies and tips for minimizing ...
If you’re self-employed or earn certain types of income, there’s a good chance you’ll need to pay estimated taxes — and your next payment is due soon. There are four due dates for estimated tax ...
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