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Where can you get help with your books & taxes when hiring contractors?
WHAT’S THE BEST WAY TO..
Written By: Casey Green
Never in a million years did I think I would start my own business or be so successful that I need to consider bringing on additional team members to help. I am looking to contract some teachers to assist with our tutoring services, but I don’t know where to start. I’ve been told I need to find a CPA, I’m going to need to know how to distribute tax documents, just to name a couple of the things. If anyone has experience with this topic or has some guidance, I would greatly appreciate it!
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2 Replies
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Hi, Casey. Do you have a bookkeeper? They should also be able to help you with this. Also, at the bottom of step #3 of the “Build Your Business” steps, there are two links to help you with these exact questions:
1) Link to article about 1099 Contractors: https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-an-irs-1099-form/L3NxSPMUe
2) Link to free business consulting from “Score”: https://www.score.org/
turbotax.intuit.com
The 1099 form is a series of documents the Internal Revenue Service (IRS) refers to as "information returns." There are a number of different 1099 forms that report various types of payments you may receive throughout the year other than … Continue reading
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Thank you Chris! This was very helpful.
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