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2. Heads up if you’re a freelancer or small business owner: The ...

   www.aol.com/heads-freelancer-small-business...

   For this year, if you had more than $5,000 in gross business transactions on a given app or platform, then you, the IRS and your state tax department should all receive a 1099-K reflecting that.

3. Self-employment - Wikipedia

   en.wikipedia.org/wiki/Self-employment

   In addition to income taxes, these individuals must pay Social Security and Medicare taxes in the form of a SECA (Self-Employment Contributions Act) tax. In 2016, the median income for individuals self-employed at their own incorporated businesses was $50,347. For individuals self-employed at their own unincorporated firms, this figure was ...

4. How to find a business merchant category code - AOL

   www.aol.com/finance/business-merchant-category...

   MCCs affect the interchange rates and fees businesses pay, how the IRS classifies a business for tax purposes and how customers are rewarded on the purchases they make. ... Clothing stores. 5700 ...

5. Workwear - Wikipedia

   en.wikipedia.org/wiki/Workwear

   Chains that have made a commitment to the $1 billion and rising workwear business report steady 6 percent to 8 percent annual gains in men's workwear. [ 3 ] In the United Kingdom , if workwear [ 4 ] is provided to an employee without a logo , it may be subject to income tax being levied on the employee for a " payment in kind ."

6. Taxation in the United States - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_the_United_States

   Donors of gifts in excess of the annual exclusion must file gift tax returns on IRS Form 709 [100] and pay the tax. Executors of estates with a gross value in excess of the unified credit must file an estate tax return on IRS Form 706 [101] and pay the tax from the estate. Returns are required if the gifts or gross estate exceed the exclusions.

7. How Do I Take a Salary for Myself as a Business Owner? - AOL

   www.aol.com/salary-myself-business-owner...

   For premium support please call: 800-290-4726 more ways to reach us

8. Majestic Athletic - Wikipedia

   en.wikipedia.org/wiki/Majestic_Athletic

   Majestic Athletic is an American textile company headquartered in Easton, Pennsylvania, with manufacturing facilities in Easton, Pennsylvania.Majestic currently designs, manufactures and markets licensed casual wear, such as t-shirts, hoodies, pants and hats, through its licenses of several amateur and professional sports leagues of the US, such as the NCAA at the amateur level, and the NFL ...

9. Franchising - Wikipedia

   en.wikipedia.org/wiki/Franchising

   A franchise is merely a temporary business investment involving renting or leasing an opportunity, not the purchase of a business for the purpose of ownership. It is classified as a wasting asset due to the finite term of the license. Franchise fees are on average 6.7% with an additional average marketing fee of 2%. [10]