The Small Business Tax Help Blog

Posts Tagged ‘government’

Question: i would like to know how to report tax fraud in the state of va.?

hello i would like to know how to report a small b
usiness in va this business is working 3 people paying them under the table paying know taxes at all to the state of va know medicare or workmen comp this business owner is takeing this as a joke and he needs to be stoped .

Answer: The state must have Inspector General or State Attorneys office to report to. Try the Dept of taxation for help to the right place.

Arizona governor calls for more jobs, revenue

Brewer says she will gather business execs to identify opportunities for job growth.

Barack Obamas Tax Cut For 'Small Business 2/2

Question: I have an opportunity to work as an independent consultant/contractor but have no idea how to do so legally. ?

I have never thought of doing this before, and have absolutely no idea what I am getting into (as far as legal & tax arrangements).

They want me to start in one week, so the time frame is short.

Do I need to create a business name? I am in IL, but I will be working in IN. Does this matter? Also, should I have them pay for my hotel room directly or would I be better off doing this myself and having them reimburse me for the stay? Is there a going rate for expense reimbursement (mileage, meal per diem, etc)

Answer: It would probably be wise to start off with getting a federal tax ID. You can fill out the application online and they will give you the ID after you fill out the forms. You will probably need one for filling out the paper work associated with the job.
Standard procedure for accommodations is to have them reimburse you but I would check with the company themselves. It varies company to company. Some pay upfront for accommodations and mileage, others will wait for you to bill them.
I don't think there's a going rate for reimbursement, I think it just depends on where you stay, how long you stay and how far you have to travel.
Here's a tip though, unless you are selling merchandise, do not get an Illinois Tax ID (I own a business in Illinois). This will mean that you have to pay taxes monthly for something that you are not doing. If you are not a retailer, do not get a state tax ID.
Get a contract written up by a lawyer or maybe a CPA (mine does things like this for me, but I don't know about others). Make sure it is legally notarized and covers all your bases about your liabilities and agreements with the company you're working for.
Contact a lawyer and get their opinion. It will cost you something up front but it could seriously save you in the end if something goes wrong.

PIAA hearing, audit put district in spotlight

Journal Register News Service Part two of two PHOENIXVILLE — School practices came under scrutiny in the Phoenixville Area district during 2009, both in an athletics program hearing process and a forensic audit.

WFL LOTSOLUTION