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2014 3 Sep
  • Posted by DasBrooks
  • in Uncategorized
  • Comments Off on Do I Need an Employee or an Independent Contractor?

And what’s the difference?   A worker’s status determines what taxes are paid and by whom. An independent contractor is self-employed and I responsible for paying his or her on taxes (Note to self, reserve a portion of paycheck for paying taxes!). A business issues a 1099 to their independent contractors at the end of ...

2014 1 Sep
  • Posted by DasBrooks
  • in Uncategorized
  • Comments Off on Rental Income and Expenses

I recently posted about renting out part of your home or your garage to increase your income. Here’s a little more information about the types of income and expenses you’ll want to keep track of for use at tax time:   Income: All rent paid, payments for cancelling a lease, the fair market value of ...

2014 20 Aug
  • Posted by DasBrooks
  • in Uncategorized
  • Comments Off on New to This Whole Record-Keeping Thing?

Here are some very basic tips if you are trying to get more organized this year (a popular New Year’s Resolution that often falls by the wayside!):   https://www.youtube.com/watch?v=OSwRlqQJm-U Obligations ...

2014 1 Aug
  • Posted by DasBrooks
  • in Uncategorized
  • Comments Off on Things We Like

Occasionally, we will post things we find on other web sites if we think they are useful. Here’s one: http://www.youtube.com/watch?v=hapfclt6mFY   loansdirect –Misty, for Das-Brooks ...

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