Client? Are you using an Intuit program such as Lacerte' maybe? I ask, because TTX is for personal use. But for all I know you're using a product as a licensed ...
Self-Employment tax is not money the government can spend willy-nilly.... at least not legally. The self-employment tax is the employer side contributions to "y...
If it's just a cost sharing setup, then you have nothing to report on your taxes. You're not making a profit, and you're doing this (I think) without any intent...
You may want to seek legal advise from a tax pro or business pro on this.
I see one issue that "could" be major when it comes to taxes.Any of the payments I rec...
Since you refer to them as "my friend" this sounds more like a cost sharing arrangement to me. But are there more details I'm not aware of? For example, do you ...