Entries by Manager

Reporting Payments to Independent Contractors: Form 1099-MISC

Reporting Payments to Independent Contractors: Form 1099-MISC If you hire an independent contractor to do work for your business, you may have to report to the IRS your payments to him by filing Form 1099-MISC (Miscellaneous Income) if the following four conditions are met: 1. The payee is not your employee; 2. The payment was […]

Filing This Year’s Tax Return: Name Change as a Result of Divorce or Marriage

If you changed your last name last year as a result of getting married or divorced, you need to make sure that the name on your tax return matches the name registered with the Social Security Administration (the “SSA”). This is because the new name which you adopted as a result of marriage (or an […]

Tax Lawyers in Minneapolis: Three Most Important Questions You Should Ask

When you are about to hire a tax lawyer to help you with a tax issue, there are three fundamental questions that you need to ask him. 1. What percentage of the practice is devoted to the tax law? The purpose of this question is two-fold. First, you will figure out whether this tax lawyer […]