Tax Q: Need help determining whether inside sales rep can be 1099 versus W-9 employee?

This question is difficult to answer definitively. In sum, if you direct and control the sales person, he or she is an employee and a W-2 must be...

How is tax refund prorated for partial year separation? Separated in Sept, but filing jointly for whole year & I earn 3x her.

Once you separated, your income is separate and no longer community property. Thus, your formula is pretty close to what I would call "fair" with...

Can tax relief companies really help?

Be extremely wary of any company that charges 25% to reduce your tax debt. I would not trust anyone charging $6,000 up front. Instead, I would...

Payroll tax

The following are withheld from an employee's gross wages each payday: Federal withholding, Medicare Employee, Social Security Employee, CA...

If all I'm doing is going around shopping for the best prices for iPhones, Ipads on ebay, stores, craiglist etc and then resell

The answer is "YES." You are required to register as a retailer with the BOE and collect sales tax if you make 3 sales in a year. The state will...

It is far better to file although you are not able to pay as you start the statute of limitations for the period in which the IRS and FTB may issue...

We are selling income property, need a tax shelter.

To taxing authorities a "tax shelter" is a dirty word and will guarantee an audit plus penalties if they prevail. You can sell income property and...

Just got married - tax implications?

Generally speaking, many married couples find themselves under withheld on April 15. That occurs due to the so-called "marriage penalty". The...

IRS was taking money from my Social Security payments. Thi month they didn't. Should I be worried?

No; but you might want to call the IRS and find out why. It is common for errors to occur so don't celebrate too early.

Medi-Cal and tax return

You are allowed to claim him as a dependent if you are paying more than 50% of his support and your Dad's gross income is less than the exemption...

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