Are You An Independent Contractor That Knows Your Options?
On January 9th
Do you know what taxes you need to pay?
Are you familiar with what tax forms you need to file?
Do you have a tax strategy?
There are many potential pitfalls that independent contractors should be aware of. Receiving a 1099 for income paid to you means it is time for you to review your options as an independent contractor. The key is to understand what taxes you are responsible for and what tax forms you need to file.
As an independent contractor, not being prepared at the year-end can be very stressful. This is especially true if you find out you owe a large amount of money for taxes that you didn’t plan for.