by Innov8ive Marketing | Sep 1, 2022 | Uncategorized
Click Here for a Full List of W2 vs 1099 Descriptions What is the difference in Independent Contractors VS Employees If you have found yourself asking why your boss has paid you as a 1099 independent contractor instead of a w-2 employee, look no further. There are...
by Innov8ive Marketing | Aug 30, 2022 | Uncategorized
What is the Inflation Reduction Act of 2022 The goal of the Inflation Reduction Act (IRA) of 2022 is to “make a historic down payment on deficit reduction to fight inflation, invest in domestic energy production and manufacturing, and reduce carbon emissions by...
by Innov8ive Marketing | Aug 25, 2022 | Uncategorized
The Smart Way to Cut Self Employment Tax: S-Corporation Have you had enough of paying large amounts of self-employment tax? For 2022, lawmakers levy the self-employment tax at the painfully high rate of 15.3 percent on the first $147,000 of net self-employment...
by Innov8ive Marketing | Aug 18, 2022 | Uncategorized
Things You Need to Know About FinCEN’s New Rules There is a new FinCEN filing requirement coming soon. The Corporate Transparency Act (CTA), a new law passed in 2021, requires corporations, LLCs, and other business entities to provide specified information to...
by Innov8ive Marketing | Aug 15, 2022 | Uncategorized
Don’t Miss the New Tax Deadline: Key Updates for This Year It’s never too early to start thinking about your next tax return. Unless you requested an extension to file your 2021 return, the next return that most people will have to file is their federal tax...
