Salta al contenuto principale

#self-employment-tax

Self-Employment Tax

Self-employment tax rules, calculations, and strategies for business owners

Travel Advisor Bookkeeping: ASC 606 Commission Recognition, FAM Trip Deductions, and KPIs for Independent Agents
·mike

Travel Advisor Bookkeeping: ASC 606 Commission Recognition, FAM Trip Deductions, and KPIs for Independent Agents

How independent travel advisors should recognize host-agency commissions under ASC 606 at departure date, hold client deposits in trust, document FAM trips under Section 274, navigate seller-of-travel registration in California, Florida, Hawaii, and Washington, and track the KPIs — revenue per booking, repeat rate, receivables days outstanding — that distinguish sustainable advisor businesses from hobbyists.

bookkeeping
travel
revenue-recognition
Self-Published Author Bookkeeping: KDP, ACX, Kickstarter, and the Full Indie Publishing Stack
·mike

Self-Published Author Bookkeeping: KDP, ACX, Kickstarter, and the Full Indie Publishing Stack

How indie and hybrid authors should track royalties from KDP, ACX, IngramSpark, Patreon, and Kickstarter, classify editors and narrators as 1099-NEC contractors, capture foreign withholding tax under treaty terms, and apply ASC 606 to crowdfunded pre-orders.

bookkeeping
creative-industries
self-employment-tax
Mobile Notary and Loan Signing Agent Bookkeeping: Schedule C, Section 1402(c)(2), and the KPIs That Matter
·mike

Mobile Notary and Loan Signing Agent Bookkeeping: Schedule C, Section 1402(c)(2), and the KPIs That Matter

Mobile notaries and loan signing agents can carve notarial-fee income out of self-employment tax under IRC Section 1402(c)(2). This guide covers Schedule C income separation, the 2026 70-cent standard mileage rate, multi-state commission costs, surety bond versus E&O insurance, and the per-signing KPIs that turn an NSA practice from side hustle into a sustainable business.

bookkeeping
self-employment-tax
tax-deductions
Professional Speaker and Keynote Business Bookkeeping: A Practical Guide for Independent Thought Leaders
·mike

Professional Speaker and Keynote Business Bookkeeping: A Practical Guide for Independent Thought Leaders

A bookkeeping guide for independent speakers and keynote artists, covering entity selection, revenue recognition across engagement fees and royalties, multi-state nexus, Section 274 travel substantiation, Section 179 studio equipment, and the KPIs that separate sustainable practices from feast-or-famine cycles.

bookkeeping
self-employment-tax
s-corp
The Full-Time Creator's Bookkeeping Playbook: Twitch's Two 1099s, ASC 606 Sponsorships, and Section 179 Gear
·mike

The Full-Time Creator's Bookkeeping Playbook: Twitch's Two 1099s, ASC 606 Sponsorships, and Section 179 Gear

A practical bookkeeping guide for full-time Twitch streamers and YouTubers — how Twitch splits payouts across 1099-MISC Box 2 and 1099-NEC, when to recognize sponsorship revenue under ASC 606, when to choose Section 179 over 100% bonus depreciation on a $20,000 studio buildout, how to defend a home office deduction under Section 280A, and the ARPS, eCPM, and cost-per-hour KPIs that separate a hobby channel from a viable creator business.

creative-industries
self-employment-tax
bookkeeping
Mobile Pet Grooming Business Bookkeeping: The Per-Stop Profit Playbook for Van-Based Groomers
·mike

Mobile Pet Grooming Business Bookkeeping: The Per-Stop Profit Playbook for Van-Based Groomers

A working bookkeeping playbook for mobile pet grooming operators — how to track per-stop revenue and route time, apply Section 179 and bonus depreciation to a built-out cargo van, allocate generator fuel and consumables, reserve for care-custody-control exposure, and use the KPIs that predict whether a route is sustainable.

bookkeeping
small-business
section-179
Personal Chef Business Bookkeeping: The Schedule C Playbook for Solo Culinary Pros
·mike

Personal Chef Business Bookkeeping: The Schedule C Playbook for Solo Culinary Pros

A 2026 bookkeeping guide for personal and private chefs covering ASC 606 principal-vs-agent grocery treatment, the 72.5¢ standard mileage rate, Section 179 equipment, cottage food law constraints, and quarterly estimated tax safe harbors for Schedule C filers.

bookkeeping
self-employment-tax
sole-proprietorship
Section 1402(a)(13) After Soroban: The Limited Partner SE Tax Exemption in 2026
·mike

Section 1402(a)(13) After Soroban: The Limited Partner SE Tax Exemption in 2026

Since the Tax Court's 2023 Soroban decision, a state-law limited partner label no longer shields distributive share from 15.3% self-employment tax. This guide walks through the functional test under Section 1402(a)(13), the Renkemeyer line of cases, the 2024 proposed regulations, and the planning moves that still hold up for fund managers, LLC members, and operating partners in 2026.

self-employment-tax
partnerships
tax-compliance
Mobile Mechanic Bookkeeping: Premium Billing, Section 179, Markup Matrix, and Warranty Reserves
·mike

Mobile Mechanic Bookkeeping: Premium Billing, Section 179, Markup Matrix, and Warranty Reserves

A working playbook for mobile mechanic bookkeeping — tiered labor rates, a parts markup matrix targeting 58% gross margin, actual-expense vs 72.5-cent standard mileage, Section 179 on scan tools and upfitted cargo vans, comeback warranty reserves, and quarterly Schedule C obligations.

bookkeeping
small-business
trades
Section 736 Payments to Retiring or Deceased Partners: 736(a) vs. 736(b), Hot Assets, and the Goodwill Lever
·mike

Section 736 Payments to Retiring or Deceased Partners: 736(a) vs. 736(b), Hot Assets, and the Goodwill Lever

Section 736 splits liquidating payments to a retiring partner into 736(b) property payments (capital gain, no firm deduction) and 736(a) income or guaranteed payments (ordinary income with self-employment tax, deductible by the firm). The service-partnership carve-out, Section 751 hot assets, and Section 754 election together determine whether six- or seven-figure tax dollars land on the retiree or the firm.

partnerships
tax-planning
tax
The Minister's Housing Allowance: Section 107, the SECA Trap, and the Retired-Pastor 403(b) Designation
·mike

The Minister's Housing Allowance: Section 107, the SECA Trap, and the Retired-Pastor 403(b) Designation

Section 107 lets ordained ministers exclude designated housing costs from federal income tax, but the allowance is still added back for SECA and only an in-advance written designation survives audit. A practical guide to the three-part cap, Form 4361's irrevocable opt-out, and the 403(b) designation that keeps a retired pastor's distribution income-tax-free for life.

tax
tax-planning
self-employment-tax
Mobile Notary and Loan Signing Agent Bookkeeping: Separating SE-Tax-Exempt Notarial Fees on Schedule C and Schedule SE
·mike

Mobile Notary and Loan Signing Agent Bookkeeping: Separating SE-Tax-Exempt Notarial Fees on Schedule C and Schedule SE

Mobile notaries and loan signing agents can exclude statutory notarial fees from self-employment tax under IRC Section 1402(c)(1), but only if their books cleanly split per-act notarial revenue from taxable signing, travel, and print fees. A chart-of-accounts and Schedule C/SE walk-through that can save a moderately busy LSA $800 to $2,000 a year.

self-employment-tax
bookkeeping
tax-deductions
Mostrando 61–72 di 121 articoli