Listen "What do I need for Taxes on Income?"
Episode Synopsis
Ever felt lost in the maze of tax filing? Real estate agents, you're not alone. But what if I told you there's a surprising twist to this story? Stay tuned to discover the unexpected key to conquering the tax game and keeping more money in your pocket.In this episode, you will be able to:Understand essential tax filing requirements for real estate agents to maximize deductions and avoid penalties.Differentiate between employees and independent contractors to ensure proper classification and compliance with IRS regulations.Learn about the types of income documents for tax filing to streamline the process and minimize errors.Discover the importance of the 1099-NEC form for business owners to accurately report non-employee compensation and avoid IRS scrutiny.Identify the income documents for rental property owners to optimize tax planning and minimize liabilities."We all have different businesses, and we all have different things going on in our lives. I will give you an overview of some of the things needed. But understand, not all of you will need everything, and there may be more things that are needed that's even on this list. But at least it's a start." – Jeff HockettConnect with Jeff:Website: https://www.hocketttax.com/Email: [email protected] Twitter: https://twitter.com/taxgamecoachFacebook: https://www.facebook.com/hocketttaxandpayrollYouTube: https://www.youtube.com/channel/UCO30L8kMHVodK8eutw1alQg/videos?view=0 LinkedIn: www.linkedin.com/in/hocketttaxInstagram: https://www.instagram.com/hocketttax/
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