Category: Uncategorized

Attorneys as “Independent Contractors”

Attorneys as “Independent Contractors” Principal attorneys and directors of law firms should be aware that the United States Tax Court reclassified contract attorneys of a personal-injury law firm as employees of the firm, and therefore subject to the employment tax provisions of the Internal Revenue Code. The ruling against the professional corporation law firm was… Read more »

Tax Tips for the Solo

Tax Tips for the Solo Tax issues for solo practitioners and small law firms are pretty much the same as those for other businesses. In order to reduce your chances for an audit, report all income, and don’t over-deduct your expenses. The IRS pays close attention to Form 1099 reporters, so make sure all of… Read more »