1. What is State Paid Family and Medical Leave (PFML) in Michigan? 1. State Paid Family and Medical Leave (PFML) in Michigan is a program that provides eligible workers with paid time off to care for themselves or a family Read More …
Author: Cynthia Chow
Estimated Tax Payment Requirements in South Dakota
1. What entities are required to make estimated tax payments in South Dakota? Entities that are required to make estimated tax payments in South Dakota are typically individuals, corporations, partnerships, limited liability companies, and sole proprietors. These entities are required Read More …
Estimated Tax Payment Requirements in New Mexico
1. What is an estimated tax payment? An estimated tax payment is a tax payment made by individuals or businesses on income that is not subject to withholding, such as self-employment income, rental income, investment income, and other sources of Read More …
Estimated Tax Payment Requirements in New Jersey
1. What are estimated tax payments? Estimated tax payments are periodic payments made by individuals and businesses to the Internal Revenue Service (IRS) and state taxing authorities throughout the year to cover their tax liabilities. These payments are made on Read More …
Estimated Tax Payment Requirements in Maryland
1. What are estimated tax payments? Estimated tax payments are periodic payments made by individuals and businesses to the IRS or relevant tax authority throughout the year in anticipation of their yearly tax liability. These payments are typically made quarterly Read More …
State Income Taxes On 1099 Earnings in Washington
1. How are 1099 earnings taxed in Washington state? In Washington state, 1099 earnings are subject to the state’s business and occupation tax, which is a gross receipts tax imposed on businesses engaging in certain activities within the state. This Read More …
State Income Taxes On 1099 Earnings in Utah
1. What is considered 1099 income in Utah? 1. In Utah, 1099 income refers to earnings received as a non-employee, typically reported on Form 1099-MISC or Form 1099-NEC, for services rendered as an independent contractor, freelancer, or self-employed individual. This Read More …
State Income Taxes On 1099 Earnings in New Hampshire
1. Do I need to pay state income taxes on my 1099 earnings in New Hampshire? No, in New Hampshire, there is no state income tax on 1099 earnings. New Hampshire is one of the few states that do not Read More …
State Income Taxes On 1099 Earnings in Illinois
1. How are 1099 earnings taxed in Illinois? In Illinois, 1099 earnings are taxed as ordinary income. Individuals who receive 1099 income are considered self-employed independent contractors and are responsible for reporting their earnings on their state tax returns. The Read More …
Workers Compensation For Independent Contractors in West Virginia
1. Are independent contractors required to have workers’ compensation insurance in West Virginia? In West Virginia, independent contractors are generally not required to have workers’ compensation insurance as they are considered self-employed individuals. However, there may be certain circumstances where Read More …