2009 Planning: Independent Contractor vs. Employee
Understanding the difference between an employee and an independent contractor is very important. If you are an employer, you are required to withhold and contribute a matching amount of FICA and Medicare taxes from your employee’s income. Read more.

Retirement Savings for the Self-Employed
In recent years, many options have become available to self-employed individuals to provide for their retirement. Tax planning for retirement can include contributions to a Keogh plan, traditional or Roth IRA, SEP plan, SIMPLE plan or a one-person 401(k) plan. Read more.

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Educational Credits and Deductions
As a taxpayer with higher education costs, you should be aware of the many tax benefits that are available to you. Generally, educational assistance such as scholarship, fellowship, or employer-provided educational benefits are excludable from income. Read more.

2009 Second Quarter Federal Tax Developments
The second quarter of 2009 saw significant federal tax developments from the White House, Congress and the IRS. Many of the developments relate to temporary tax breaks in the American Recovery and Reinvestment Act of 2009 (2009 Recovery Act)... Read more.