There are 2 ways to pay people who work for you when you are a business: if they are employees you report with W2 and if they are contractors you report payment...
Nicole,If they made less than $600, you do not need to report their wages to the IRS. You do include the wages you paid to them on your business expenses as "In...
I am a former tax cpa.When I first started out, I noticed that almost every client of ours had a $499 charitable deduction (in addition to actual cash they gave...
