785.842.8844 info@kindredcpa.com Document Portal Client Login

Self-Employment

Topics of Interest for Self Employed Individuals, Real Estate Professionals, and Small Business Owners

We recently met with our friends at Stephens Real Estate. We enjoyed fielding questions and providing information on several topics. Some of these had accompanying resources we have linked below. These are, of course, general resources. Contact your tax professional for guidance associated with your specific circumstances. Small Business Expensing under Code Section 179 Business Tax Deductions You Might Miss…

Read more

Preparing for Year-End 2021: Non-Payroll Considerations

In this article, we'll cover non-payroll issues to be aware of as you navigate year-end. Forms 1099 There's a veritable alphabet soup of Forms 1099, so it's important to use the right form for the right reason. Here's the list in alphabetical order (click on each one for the specific instructions): 1099-B, Proceeds from Broker or Barter Exchange Transactions 1099-DIV,…

Read more

Don’t Ignore Unclaimed Property Reporting

The annual deadline for unclaimed property remittance and reporting for both Kansas and Missouri is November 1. If your business holds unclaimed property such as uncashed payroll or vendor checks, security deposits, refunds, customer/patient overpayments, accounts receivable credit balances, or insurance proceeds, you're subject to unclaimed property reporting. The November 1 deadline reports unclaimed property as of June 30 of…

Read more

Freelancing? Keep Up With Tax Rules

Whether it's for the independence, flexible schedules, or the opportunity to do what you love, many of us have gone out on our own as part of the new "gig economy." We often think of freelancers as people who are writers, graphic designers, or software coders who work from the local coffee shop. But in our increasingly connected world, the…

Read more