1099 Subcontractor Taxes
If you’re a subcontractor, doing your taxes can be a little more tricky than your personal income taxes. From the point of view of the IRS, you are self-employed. So it’s more work than you would do as a regular employee, which can create more of a headache for you.
You’ll need to make sure you collect all of your 1099 forms, there will be multiple if you do work for multiple companies. You’ll also need to keep track of all of your expenses you incurred while on the job, which can be deducted against your income. Then you have to fill out your 1040 to calculate FICA and Medicare, then use Schedule SE… alright, I can see your head spinning already.
Tax time doesn’t have to be this stressful for you. We can help.
At Relate CPA, we have the expertise and experience to help 1099 Subcontractors to do their taxes. We can help you keep as much money as possible and avoid problems with the IRS. We can even help you to make decisions prior to tax time to increase the amount of your return.
1099 Subcontractor Tax Services we provide include…
- Tax Preparation
- Tax Planning
- Financial Statments
- IRS Problem Resolution
Whether it’s getting ready for tax time or filing your taxes, we can make sure the job is done completely and correctly. And if the IRS starts stirring up trouble, we’re here to help.
Building a Relationship
In addition to being experts at taxes, we also like to establish relationships with our clients. Before we get started on your tax stuff, we’d like to sit down and get to know you and your work. What do you do? What are your goals? What are financial issues you encounter on the job? All of these questions and more can help us to provide better tax services to you.
If you need 1099 subcontractor tax services, drop us a line or fill out the form below to set up a chat.
