enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Seasonal Business Taxes: Guide for Business Owners - AOL

   www.aol.com/seasonal-business-taxes-guide...

   If your seasonal business earns a net profit of $400 or more, you're required to fill out Form 1040-SE on your annual tax return. You're responsible for paying self-employment tax as well as ...

3. How to Calculate a Business Owner’s Salary - AOL

   www.aol.com/finance/calculate-business-owner...

   According to the IRS, most corporations and self-employed business owners that will incur over $1,000 in annual tax payments must submit and pay estimated quarterly taxes.

4. Independent Contractor Taxes: A Complete Guide - AOL

   www.aol.com/independent-contractor-taxes...

   The self-employment tax rate is 12.4% for Social Security and 2.9% for Medicare taxes as a percentage of net earnings, for a total self-employment tax of 15.3%. This rate applies to the first ...

5. Tax information reporting - Wikipedia

   en.wikipedia.org/wiki/Tax_information_reporting

   The tax information return most familiar to the greatest number of people is the Form W-2, which reports wages and other forms of compensation paid to employees.There are also many forms used to report non-wage income, and to report transactions that may entitle a taxpayer to take a credit on an individual tax return.

6. Form 1099 - Wikipedia

   en.wikipedia.org/wiki/Form_1099

   One notable use of Form 1099 is to report amounts paid by a business (including nonprofits) to a non-corporate US resident independent contractor for services (in IRS terminology, such payments are nonemployee compensation). The ubiquity of the form has also led to use of the phrase "1099 workers" or "the 1099 economy" to refer to the ...

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

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

   Small business owners, independent contractors and gig workers soon will be getting 1099-K tax forms if they used any payment platform on which they had at least $5,000 in business transactions in ...

8. Payroll tax - Wikipedia

   en.wikipedia.org/wiki/Payroll_tax

   Computation of the amount of tax to withhold is performed by the employer based on representations by the employee regarding their tax status on IRS Form W-4. [43] Amounts of income tax so withheld must be paid to the taxing jurisdiction, and are available as refundable tax credits to the employees. Income taxes withheld from payroll are not ...

9. Payroll - Wikipedia

   en.wikipedia.org/wiki/Payroll

   Along with the amounts that each employee should receive for time worked or tasks performed, payroll can also refer to a company's records of payments that were previously made to employees, including salaries and wages, bonuses, and withheld taxes, [2] or the company's department that deals with compensation.