Independent Contractor Fears
"Hello, I'm from the IRS and I'm here to audit your taxes."" These are words that can strike fear in the hearts of any 1099 independent contractors, especially in the case of individuals who prepared their own taxes.
Tax Liability Solutions
So how do independent contractors find peace if they're audited? There are any number of options, including finding a family member or friend who prepares taxes to hiring an accountant. All very good options, as the individual will know and trust that these individuals will do a good job with the tax preparation. However, using a payroll company may be the best option.
