Many people think that employee background checks are done for government jobs or big businesses. The truth is, everyone should go through a background check before being hired for any type of position, especially a personal position. If you are hiring a caregiver for a family member who needs help around the house, it is important to know this person's skill level and their background. Here is what you should look for in a caregiver's background.
It happens out of nowhere; you get a notice from the IRS that they're going to start garnishing your wages due to unpaid taxes owed to the government. Sure enough, your next pay stub includes a hefty deduction due to your wage garnishment. What do you do next if you don't have the money to pay off your tax burden? Fortunately, you do have some options for temporarily or even permanently stopping wage garnishments from the IRS.
Becoming an independent worker is the dream for many people. However, it does come with a few drawbacks, one of them being that you will have more complicated taxes. Here are some tips for keeping your personal finances in order come tax time.
Keep Track of Your 1099's
Every time you make more than $600 from a single employer, they are responsible for giving you a form 1099 that shows how much money they've paid you for the year.
Trucking companies and owner-operators must pay a federal excise tax annually on road tractors. The tax is assessed on highway vehicles that weigh over 55,000 pounds, so larger buses are taxed also. Anyone responsible for reporting and paying the tax can benefit from learning more about IRS Form 2290.
Although the excise tax is assessed on most over-the-road vehicles weighing over 55,000 pounds, exemptions are allowed, including one for vehicles driven less than 5,000 miles annually.
You might be surprised to learn that even with the proliferation of DIY tax preparation software the IRS estimates that nearly 50% of individual filers still utilize a tax preparation service. If you are in this group, then there are some things that you need to know when you choose your next tax preparer to ensure that you are utilizing a legal tax service.
Here are some red flags that should alert you that the tax preparer you are interviewing might not be legal: