WEBINAR: "Contractor Tax Strategies: Maximize Deductions, Minimize Stress" offered by MUN CPA's

Description

Understanding Contractors Status:Difference between employee and contractor (1099 vs W-2)Tax implications of contractor classification Income Reporting:How to track and report contractor income:Forms you’ll receive (e.g., 1099-NEC)Common mistakes to avoidTax Deductions, Write-Offs and Credits for Contractors:Red flags that can trigger auditsCredits for contractors Business Structurers & Tax Impact:Sole proprietorship vs LLC vs S-Corp- what’s best for contractors?Tax benefits and responsibilities for each