Contractor Bookkeeping

SEPTEMBER 25, 2013

Suddenly just like any other employee you owe Worker’s Compensation, State and Federal Unemployment. As an employer among your responsibilities are these: Pay workers’ compensation. IRS Taxes : When you entered into the contract, was this person responsible for filing a tax return with the IRS for his or her business?

Contractors 49

Contractors Cash Flow Washington Compensation 49

Buisness Facilities Contributed Content

APRIL 15, 2014

The credit for the employer can be as much as: $2,400 for each new adult hire; $1,200 for each new summer youth hire; $4,800 for a veteran entitled to compensation for a service-connected disability; $9,000 for each new long-term family assistance recipient hired over a two-year period. for worker compensation rates.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

Participating companies are compensated by being able to reduce their federal income tax liability with a tax credit between $1,200 and $9,000 per qualified employee, depending on the target group. The credit is refundable for organizations that are exempt from federal income tax pursuant to section 501©(3) of the IRS Code.

Income 75

Income Finance Zoning Equipment 75