December 27, 2019
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4506-T Tax Transcripts, Banks, Blog, Business Taxes, Credit Unions, Financial, IRS Tax Audits, Lender Solutions, Mortgage Companies, Small Business
What happens if you don’t report self-employment income?
Self-employment income is the money someone earns when they work for themselves. People who are freelancers and solopreneurs are obligated to report their income to the government. If they don’t, they can be charged with tax evasion. There are various penalties and consequences if you