Employment Tax

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IRS Proposes Elimination of Automatic Filing Extensions for W-2 Forms

08/13/2015
I tend to harbor deep resentment whenever the IRS proposes more restrictions on job creating...
Employment Tax / FICA / Payroll Tax Problems / Small Business / W-2
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Why to Revoke An S Election and How to Do It – Internal Revenue Code Section 1362(d); Reg § 1.1362­6(a)

06/08/2015
Many entrepreneurs get caught up in selecting the "most appropriate business structure" - particularly people...
Employment Tax / Entity Classification / Paying Taxes / Payroll Tax Problems / Penalty / Small Business / / / Sole Proprietor / Start up costs / Sub-chapter S / Tax Abuse / Tax Guidance & Preparation / Tax Problems & Requests
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LLC Income is INDEED Subject to Self Employment Tax: IRS Chief Counsel Advice 201436049

02/06/2015
In 1997, the IRS issued proposed regulations governing when the distributive share of partnership income...
Employment Tax / Entity Classification / Limited Partnership / LLC / Material Participation / Passive Activity / Payroll Tax Problems / Small Business / / Taxable Income / Uncategorized
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IRS Form 1099-misc Filing Requirements Defined as per IRC 6041

01/15/2015
I was talking with a taxpayer the other day who registered as an LLC with...
Business Expense / Business Income / Cash / Cash Transaction / Employee Business Expense / Employment Tax / Entity Classification / FICA / Income / Independent Contractor / Payroll Tax Problems
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Can You Establish a SEP Plan if you are a Sole Proprietor? What if that Sole Proprietorship Had Historically Passive Income?

01/09/2015
Regardless of their nature or topic matter, off beat questions are one of the spices...
Business Expense / Deductible Expense / Employee Business Expense / Employment Tax / Partnership / Passive Activity / Payroll Tax Problems / Self Employ / Sole Proprietor / Sub-chapter S / Tax Deductible Expenses / Unemployment
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What is the best Business Structure to form If Any?

10/29/2014
What I love most about Colorado, more than the 300+ days of sun every year...
Business Expense / Business Income / Business Structure / Capital Gain / Capital Loss / Employment Tax / Limited Partnership / LLC / Net Operating Loss / Partnership / Self Employ / Small Business / Sole Proprietor / Start up costs / Sub-chapter S / Tax Guidance & Preparation
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Worker Classification & the Colorado Department of Labor & Employment

09/30/2014
Worker Classification & the Colorado Department of Labor & Employment This post is about my...
Colorado Department of Labor & Employment / Employment Tax / FICA / Payroll Tax Problems / Small Business / Tax Guidance & Preparation / Tax Problems & Requests / Unemployment

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