tax return
-
J
1099 Income Paid in Jan for Dec - Income for 2020, or 2021?
My question is about whether business income is supposed to be counted as income for 2020 or 2021. Background: My LLC will be getting paid commissions as an independent contractor in January for activity that occurred this month. After doing some research online, e.g. paid in january for...- Jack H20
- Thread
- tax liability tax return
- Replies: 3
- Forum: Business & Corporate Matters
-
Tax Returns Dealing With a Tax Refund Check Sent in Error
It’s unusual that the IRS generates a tax refund check by mistake but it does happen. And when it does, you might want to consider the consequences of cashing in on your lucky day. Do you need to pay it back to the IRS? (The answer should be simple.) When might you need to return the money to...- Michael Wechsler
- Article
- 2 min read
- tax refund tax refund check tax return
- Category: Tax Law