If you have a small business like a sole proprietorship or you are an independent contractor, or you operate as Single Member LLC, you generally would consider yourself to be a self-employed. For tax purposes, you must file IRS Schedule … read more
The IRS FBAR and Title 31 Helpline connects practitioners and filers, both domestic and abroad, with a team of specially trained technicians, examiners and specialists to answer technical Title 31 questions To reach the FBAR and Title 31 Helpline, dial: … read more
Beware of the single member LLC (SMLLC) rules of California…even if you have a net LOSS. If you are a SMLLC doing business in California, you happen to fall into a small category of certain filing requirements. As a SMLLC, … read more
There is nothing more complex than the world of taxes. We know this and yet we chose careers where we face these issues everyday. We get questions day in and day out about new tax laws, forms and news items and how they affect everyday people and businesses. Well, here at Henry & Horne we have set out to do what we do best; help everyday people understand what is going on in the world of state, local, federal, estate and international taxation. We will provide these weekly posts and we encourage you to give us feedback on those posts as well as letting us know what else you would like to know more about. Welcome to "Tax Insights." We hope you find this blog informative and worthy of your time.
Before posting a comment on a blog post please be aware that we do not give free tax advice to non-clients by email, comment response, or phone. Thank you!
- When & How to Sign Up for Medicare Parts A & B
- Refunds for Certain Credits Delayed Next Filing Season
- Bill Eliminates Tax Penalty on Team USA Medalists
- 401(K) Withdrawals
- Righting the Wrongs – The Wrongful Incarceration Exclusion
- IRS Modernization – The Fax Machine is Not Dead
- Did Messi’s Mess Get Him “Locked Away”?
- Saver’s Credit
- Are you Exempt from the Affordable Care Act Penalty?
- IRS Slow to Adapt to On-Demand Economy