I know it's confusing and complicated. Unfortunately because of people like your neighbor, the IRS is having to use other entities to try to catch the people not paying their taxes. That's … (View Post)
So there's a lot of debate about this, but I think it is safe to say you are 'in the business of renting properties'. I think you might be required to file 1099's for the service… (View Post)
I would put money you know you are going to spend on daycare in an FSA. Just know you can't double dip and then claim the dependent care credit. If you claim money you pay your MIL or pay her th… (View Post)
And this plumber will probably get caught soon enough. Companies now have to issue a 1099 to any subcontractor they pay more than $600 a year. And that includes people who own rentals, which I'm… (View Post)