Weekly Wrap-Up
This week we rang in the new year. Hopefully, 2008 will prove to be a profitable and joyous year for everyone. As a new feature on this blog, we are going to add a weekly wrap-up post featuring the week’s top articles and sometimes we will preview what we have coming down the pipe over the weekend or the next week.
This week we had a new article on the independent contractor/employee relationship and what to do if you have been classified as an independent contractor when you are really an employee.
We also got back to the basics and briefly hit on some of options you have available in your "arsenal" when dealing with the IRS on your back taxes. These options include the offer in compromise, installment agreement, and uncollectable status.
And we sort of broke out and discussed something a little different - keeping up with your taxes on your home businesses. A lot of times people feel like since they didn’t make a lot of money or since they were working from home rather than an office they do not have to pay taxes.