Self Employment and Income Tax (LITX13/24)

Taxes

Self Employment and Income Tax (LITX13/24)

The IRS estimates that it loses over $10 Billion a year in employment taxes. One of the often audited issues today is the self-employment treatment of various types of partners and members in an LLC. Who is a W-2 employee and who is subject to self-employment taxes. Anyone with client’s taxed as partnerships will benefit. Discussion Leader: Ian Redpath