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Q. We recently ran a fireworks stand for a business in another state. They have stands over about 4 different states and they hire people to manage them for them. This was our first year running the stand. We sold off of commission. We were to receive 20-25% of net sales that we took in. [...]
Q. How do I know which 1040 I’m allowed to use? Does it really make a difference? A. Yes! Each form has specific requirements that a taxpayer must meet in order to use it. IRS Tax Tip 2010-05 contains instructions on which form you should select. Your options are: 1040EZ Requirements Your taxable income must [...]
Feb 18th, 2010 | Filed under Taxation
