Archive for March 2012

No one looks forward to tax season, but tax payment and reporting burdens may be even greater than usual if youíre one of the approximately 16-million-strong independent worker pool in the country today. †Proper tracking of your business expenses, income †and tax payments are all key challenges facing independent workers. Getting this right is also…

Filing your taxes as a “solopreneur,” or one-person business, can be more complicated than the process for an employee with a single W-2 form. If you don’t know what you’re doing, a misstep could really cost you in the form of forfeited tax refunds, a painful audit process, late penalties or interest for underpayment.