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Determining Self Employed Contractor Status Form

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if you are a $199 earner or independent contractor then you have one of the greatest opportunities to reduce your taxes we already know that the tax law heavily favors business owners and the good news is that when you earn $10.99 income the IRS considers you to be self-employed this key characteristic opens the doors for you to take advantage of over 100 tax deductions in strategies that you can use to pay less taxes as a licensed CPA I have helped independent contractors reduce their taxes by thousands at my CPAC coach.com and today I want to share the most valuable strategies with you all right so first of all what exactly is 1099 income 1099 income is simply nonemployment income it is income that is earned outside of an employer so if you are a freelancer independent contractor self-employed individual or earn any income where taxes are not withheld from your paychecks then you earn 1099 income now when you earn $ 1099 income you get paid first right off your expenses second and sh

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