Contractor

Hiring independent contractors? Make sure you’re doing it right

May 22nd, 2025|Categories: Accountant, Burns Firm, Contractor, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Employee vs Contractor, Independent Contractor, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Depreciation, Tax Withholding, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , , |

Many businesses turn to independent contractors to help manage costs, especially during times of staffing shortages and inflation. If you’re among them, ensuring these workers are properly classified for [...]

6 Factors to Classify Workers as Employees or Independent Contractors

April 2nd, 2024|Categories: Accountant, Accounting, Burns Firm, Business, Contractor, CPA, CPA Dallas, CPA near me, Dallas CPA, DOL, Employee, Services, Small Business, The Burns Firm|Tags: , , , , , , , |

In January 2024, the U.S. Department of Labor (DOL) issued its long-awaited final rule related to employment status under the Fair Labor Standards Act (FLSA). The new rule carves out [...]

Being a Gig Worker Comes With Tax Consequences

June 27th, 2023|Categories: Accountant, Accounting, Burns Firm, Business Write-offs, Contractor, CPA, CPA Dallas, CPA near me, Dallas CPA, Gig Economy, Independent Contractor, Self-employed, Tax, Tax Advisor, Tax Preparation, Tax Return, Tax Return Filing, The Burns Firm|Tags: , , , , , , , , , , , , , , |

In recent years, many workers have become engaged in the “gig” economy. You may think of gig workers as those who deliver take-out restaurant meals, walk dogs and drive [...]

Taxation Issues in the Gig Economy

May 16th, 2023|Categories: Accountant, Accounting, Burns Firm, Business, Business Vehicle, Business Write-offs, Contractor, CPA, CPA Dallas, CPA near me, CPADallas, Dallas CPA, Gig Economy, Self-employed, Services, Small Business, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, Tax Return Filing, tax write-offs, The Burns Firm|Tags: , , , , , , , , |

Do you provide car rides through a mobile app, rent out your spare room using an online platform or repair computers for local businesses on demand? If so, you may [...]

Gig workers should understand their tax obligations

February 2nd, 2022|Categories: Accounting, Burns Firm, Contractor, CPA Dallas, Dallas CPA, Dallas tax return preparer, Tax, Tax Deductions, Tax Preparation, Tax Return, The Burns Firm|Tags: , , , , , , |

The number of people engaged in the “gig” or sharing economy has grown in recent years. In an August 2021 survey, the Pew Research Center found that 16% of Americans [...]

Be Sure to Report Income From Tips on Your Tax Return

May 25th, 2021|Categories: Accounting, Burns Firm, Contractor, CPA Dallas, Dallas CPA, IRS, Tax, Tax Return, The Burns Firm|Tags: , , , , , , , , |

Information provided by IRS.gov Income received from any source, including tips, is taxable. Use the following guidelines to help report tip income. All tips that taxpayers receive are income and [...]

Working in the Gig Economy Results in Tax Obligations

May 13th, 2021|Categories: Accounting, Contractor, Dallas CPA, Small Business, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, The Burns Firm|Tags: , , , , , , , , , , , , , , |

Before the COVID-19 pandemic hit, the number of people engaged in the “gig” or sharing economy had been growing, according to several reports. And reductions in working hours during the [...]

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