Contractor Taxes
Tax Forms Contractors Need to Know
As a self-employed vendor working with Service Club, understanding the tax forms that are essential to your business is crucial to staying compliant and minimizing your tax liabilities. Contractors, unlike employees, are responsible for reporting ...
Paying Estimated Taxes
As a vendor working with Service Club, understanding how to pay estimated taxes is an essential aspect of managing your finances. Since you are likely self-employed, you are responsible for paying your own taxes, which means you must make estimated ...
How to Track and Report Your Income
As a vendor with Service Club, effectively tracking and reporting your income is crucial for both financial management and tax compliance. Accurate record-keeping not only helps you stay on top of your earnings but also ensures that you’re prepared ...
Taxes and Reporting for Independent Contractors
As an independent contractor with Service Club, you are responsible for managing your own taxes and financial reporting. Unlike traditional employees, independent contractors do not have taxes withheld from their payments, so it’s essential to stay ...