U.S. Taxes for Burmese Immigrants: Employees, W-2s, 1099s & Everyday Taxes
Taxes in the United States can be confusing when you first arrive from Burma.
In Burma, you may never have dealt with a W-2, W-4, tax refund, federal income tax withholding, Social Security tax, Medicare tax, property tax or annual individual tax return.
In the United States, taxes are part of everyday life.
You may pay taxes when you:
- earn a paycheck
- buy something
- own a house
- own a car in some states
- invest
- earn bank interest
- sell investments
- receive rental income
- run a business
Understanding the basics can help you avoid mistakes and recognize when something on your paycheck or tax documents does not look right.
First: Federal Taxes vs. State Taxes
The United States has several different levels of government that can impose taxes.
You may encounter:
Federal taxes
Paid to the U.S. government through the Internal Revenue Service, or IRS.
State taxes
Rules depend on the state where you live or work.
Local taxes
Some counties, cities and other local governments also impose taxes.
Not every state works the same way.
Some states impose individual income tax.
Others do not.
Sales-tax rates, property taxes and other taxes also vary significantly by state and locality.
Official state and local tax information:
USA.gov — State and Local Taxes
A Very Important Rule for New Immigrants
Immigration status and tax status are related, but they are not exactly the same system.
A person who becomes a lawful permanent resident generally becomes a U.S. resident for federal tax purposes under what the IRS calls the Green Card Test.
U.S. tax residents are generally taxed on their worldwide income.
That can include income from outside the United States.
For a Burmese immigrant, that could potentially include income connected with:
- a business in Burma
- rental property in Burma
- investment income
- interest
- other foreign income
Do not assume:
“The money is in Burma, so America doesn’t need to know about it.”
International tax rules can become complicated, especially when someone owns foreign financial accounts, businesses or property.
Official IRS information:
IRS — Tax Information for New Immigrants
If You Work as an Employee
Most traditional employees receive a paycheck from an employer.
The employer usually takes certain amounts out before giving you your net pay.
This is called withholding.
Your paycheck may show deductions for things such as:
- federal income tax
- state income tax
- Social Security tax
- Medicare tax
- health insurance
- retirement contributions
- other employee benefits
Not every deduction is a tax.
For example, health insurance premiums and retirement contributions may appear on the same paycheck but are different from income-tax withholding.
Gross Pay vs. Net Pay
Suppose you earn:
$4,000 per month
That is approximately your gross pay before deductions.
Your employer may then withhold taxes, insurance and other deductions.
You might actually receive:
$3,100
The $3,100 is your approximate net pay, sometimes called take-home pay.
This is why a job offering $60,000 per year does not mean you receive exactly $5,000 in your bank account every month.
What Is Form W-4?
When you start a job, your employer will normally ask you to complete Form W-4, Employee’s Withholding Certificate.
The W-4 helps your employer determine how much federal income tax to withhold from your paycheck.
Official form and instructions:
Your W-4 can be affected by things such as:
- filing status
- multiple jobs
- spouse’s employment
- dependents
- certain credits
- additional withholding you request
Why Your W-4 Matters
If too little federal income tax is withheld during the year, you may owe money when you file your tax return.
If significantly more is withheld than necessary, you may receive money back as a refund.
A large refund is not automatically “free government money.”
Part of the refund may simply be your own money that was withheld from your paycheck during the year and returned after your tax liability was calculated.
Some refundable tax credits can also increase a refund.
What Is a W-2?
If you work as an employee, your employer generally gives you Form W-2, Wage and Tax Statement after the end of the year.
The W-2 reports information including your:
- wages
- federal income tax withheld
- Social Security wages and taxes
- Medicare wages and taxes
- state wages and taxes when applicable
- certain benefits and retirement information
Employers use the W-2 to report employee wages and tax withholding.
Official information:
Do Not Throw Away Your W-2
You will normally need it when preparing your tax return.
Keep your W-2 with other important financial records.
If you worked for several employers during the year, you may receive several W-2s.
For example:
Restaurant job → W-2
Warehouse job → W-2
New office job → W-2
You generally report income from all of them on your tax return.
What Is a 1099?
There is no single “1099.”
There are many different Forms 1099, and they report different kinds of income.
Receiving a 1099 does not automatically mean you did something wrong or owe a huge tax bill.
It tells you and the IRS that certain income or payments were reported.
Form 1099-NEC
1099-NEC generally reports nonemployee compensation.
This is common for:
- independent contractors
- freelancers
- gig workers
- self-employed workers
If someone controls their own work as an independent business rather than working as an employee, their earnings may be reported using Form 1099-NEC rather than W-2.
But employers cannot simply call someone a “1099 worker” to avoid employee tax obligations.
Worker classification depends on the actual working relationship and level of control, not simply what the company chooses to call the worker.
Official information:
IRS — 1099-NEC and Independent Contractors
W-2 Employee vs. 1099 Contractor
This distinction is extremely important.
W-2 Employee
The employer generally:
- withholds applicable income taxes
- withholds Social Security and Medicare
- pays the employer share of payroll taxes
- issues a W-2
Independent Contractor
The payer generally does not withhold normal payroll taxes.
The worker may need to:
- track business income
- track expenses
- pay income tax
- pay self-employment tax
- make estimated tax payments
- file Schedule C when applicable
This is why receiving $25 per hour as a 1099 contractor is not necessarily financially equivalent to receiving $25 per hour as an employee.
Other 1099 Forms You May Receive
You may receive other Forms 1099 even if you have a regular W-2 job.
1099-INT
Usually reports interest income.
For example, if you earn interest from:
- savings accounts
- CDs
- certain bank accounts
you may receive Form 1099-INT.
1099-DIV
If you own investments that pay dividends or certain distributions, you may receive:
Form 1099-DIV
1099-B
If you sell stocks or certain other investments through a brokerage, you may receive:
Form 1099-B
The tax result does not simply depend on how much money you received from the sale.
Your purchase price, tax basis, holding period and gain or loss can matter.
1099-R
You may receive Form 1099-R for certain distributions from:
- retirement plans
- pensions
- IRAs
- annuities
1099-G
Form 1099-G may report certain government payments.
Depending on the circumstances, this can include things such as:
- unemployment compensation
- certain state tax refunds
What Is Form 1040?
Form 1040 is the main federal individual income-tax return used by many taxpayers.
This is where the year’s financial information ultimately comes together.
You may report information from:
- W-2
- 1099 forms
- investments
- self-employment
- interest
- dividends
- retirement income
- other income
and then determine your total tax, credits, payments, refund or balance due.
Official:
Tax Return vs. Tax Refund
These words mean different things.
Tax Return
The paperwork you file with the government.
Tax Refund
Money returned to you if your payments, withholding and refundable credits exceed your final tax liability.
You file a tax return.
You may then receive a refund.
Social Security and Medicare Taxes
Employees generally see deductions for:
Social Security
and
Medicare
on their paychecks.
These are separate from federal income tax.
Employees generally share these payroll taxes with their employer.
This becomes important when comparing employees with self-employed workers because self-employed people generally bear both sides through self-employment tax.
Filing Status
Your federal tax return generally uses a filing status such as:
- Single
- Married Filing Jointly
- Married Filing Separately
- Head of Household
- Qualifying Surviving Spouse
Do not simply choose the status that sounds best.
Each has legal eligibility requirements.
Official information:
Dependents
Children and sometimes other qualifying relatives may potentially be claimed as dependents if IRS requirements are satisfied.
Being related to someone does not automatically make that person your dependent.
Rules can involve:
- relationship
- age
- residence
- financial support
- student status
- other requirements
Official information:
Tax Credits
Depending on your income, family and circumstances, you may potentially qualify for credits such as:
- Child Tax Credit
- Earned Income Tax Credit
- Child and Dependent Care Credit
- education-related credits
- certain energy credits
Eligibility and amounts can change.
Official information:
Federal Tax Is Not the Only Tax You May File
Depending on where you live or work, you may also need to file a state income-tax return.
Not all states have an individual income tax.
Rules vary.
Do not assume advice from a relative living in Texas, Florida or Washington automatically applies to someone living in California, New York or another state.
Find your state’s official tax agency here:
Everyday Taxes You Pay Without Filing a Tax Return
One thing that can surprise newcomers is that income tax is only one type of tax in America.
Taxes appear throughout everyday life.
Sales Tax
When you buy something, the advertised price may not be the final amount you pay.
For example, an item may have a shelf price of:
$100
At checkout, you might pay:
$107, $108, $109 or another amount
depending on the applicable state and local sales-tax rate.
Sales-tax rules vary greatly.
Some states do not impose a statewide general sales tax.
Some products may be taxed differently from others.
Cities and counties may also add local sales taxes.
USA.gov explains that sales taxes and rates vary by state and municipality.
This can be unfamiliar to immigrants coming from places where the displayed price is commonly the total price.
Property Tax
If you own a home or other real estate, you may have to pay property tax.
Property tax is generally imposed by state or local governments rather than the federal government.
How much you pay can depend on:
- property value
- location
- local tax rates
- state law
- exemptions
- assessments
Even after you completely pay off your mortgage, property taxes generally do not simply disappear.
Owning the home outright does not eliminate local property-tax obligations.
USA.gov notes that real estate taxes are generally imposed locally and can depend on the property’s value, location and other factors.
Property Taxes May Be Included in Your Mortgage Payment
Homeowners sometimes say:
“My mortgage company pays my property tax.”
Usually, that does not mean the mortgage company is paying the tax with its own money.
Your monthly mortgage payment may include money deposited into an escrow account.
The mortgage servicer then uses your money from escrow to pay:
- property taxes
- homeowners insurance
when the bills become due.
Vehicle-Related Taxes and Fees
Depending on the state and locality, owning or purchasing a vehicle may involve:
- sales or use tax
- registration fees
- personal-property tax in some jurisdictions
- fuel taxes
These rules vary substantially by state.
Gasoline Taxes
When you purchase gasoline, taxes are generally already included in the price displayed at the pump.
Consumers normally do not receive a separate line at checkout saying:
Federal gasoline tax + state gasoline tax
because the taxes are incorporated into the retail price.
Hotel and Travel Taxes
Hotel stays may include taxes and fees imposed by states or local governments.
A room advertised for:
$150 per night
may cost substantially more after taxes and other charges.
Always look at the final total when comparing hotels.
Restaurant Taxes and Tips Are Different
When eating at a restaurant, your bill may include sales tax.
Then you may also add a tip.
A tip is generally not a government tax.
It is separate from the sales tax.
This distinction can be confusing for someone newly arriving in the United States.
Taxes When You Invest
Investment income can also have tax consequences.
Examples include:
- bank interest
- CD interest
- dividends
- stock gains
- cryptocurrency gains
- rental income
Do not assume that because no employer withheld tax, the income is tax-free.
Taxes When You Sell a Home or Investment
Selling something for more than you paid can sometimes create a capital gain.
This can apply to:
- stocks
- cryptocurrency
- investment property
- other assets
Special rules apply to the sale of a primary residence and other property.
Do You Get to Deduct Sales Tax and Property Tax?
Some state and local taxes can potentially be included in itemized deductions on a federal tax return, subject to federal rules and limitations.
Federal law treats deductions for state/local income or sales taxes and qualifying real-property taxes under the state-and-local-tax rules.
But paying a tax does not automatically mean you personally receive a federal deduction.
Many taxpayers use the standard deduction instead of itemizing.
Keep Your Tax Documents
Create a folder every year.
Save documents such as:
- W-2s
- 1099s
- tax returns
- IRS notices
- state tax notices
- property-tax records
- investment tax statements
- receipts needed to substantiate deductions or credits
- records relating to major property purchases and sales
Do not throw away tax paperwork immediately after receiving your refund.
Be Careful With Tax Preparers
You are legally responsible for the information on your tax return even when someone else prepares it.
Do not sign a return that you do not understand.
Be cautious if someone promises:
“I can get you a huge refund.”
Ask:
- What credit are you claiming?
- Why do I qualify?
- What income are you reporting?
- Can I see the entire return before it is filed?
- Will I receive a complete copy?
Never allow someone to invent:
- dependents
- businesses
- expenses
- losses
- income
- deductions
simply to create a larger refund.
One Rule to Remember
Receiving money does not automatically mean it is taxable.
And not receiving a tax form does not automatically mean income is tax-free.
The tax treatment depends on what the money actually represents.
When in doubt, verify using the IRS or a qualified tax professional.
Official Tax Resources
IRS — Tax Information for New Immigrants
USA.gov — State and Local Taxes
This guide provides general educational information and is not individualized tax, legal or financial advice. Federal tax law changes, and state and local tax rules vary significantly. Verify current requirements with the IRS and the appropriate state or local tax agency.
U.S. Taxes for Burmese Business Owners: Self-Employment, 1099s, LLCs & Small Business
Starting a business can be an important way to build income and wealth in the United States.
But the tax system works very differently when you work for yourself.
Whether you drive for a gig platform, clean houses, sell food, operate a restaurant, provide professional services, sell products online, work as a contractor, run a beauty business or own another small business, you need to understand one basic rule:
When you are self-employed, there usually is no employer automatically taking care of your taxes for you.
You are the business.
And that means tax responsibilities that employees normally never have to think about may become your responsibility.
Are You Self-Employed?
The IRS generally considers you self-employed if you:
- operate a trade or business as a sole proprietor
- work as an independent contractor
- are a member of a partnership carrying on a business
- otherwise operate a business for yourself
This can include part-time work and gig work.
Official information:
IRS — Self-Employed Individuals Tax Center
W-2 Employee vs. 1099 Contractor
This distinction is extremely important.
Employee
An employee generally receives:
Form W-2
The employer normally handles payroll withholding.
Independent Contractor
An independent contractor may receive:
Form 1099-NEC
The payer generally does not withhold regular employee payroll taxes.
That means the worker may personally be responsible for:
- federal income tax
- state income tax where applicable
- self-employment tax
- estimated tax payments
The IRS says worker classification depends on the facts of the relationship and the degree of control—not simply whether someone is called a contractor.
Do Not Assume “1099” Means You Are Legally a Contractor
Some businesses misclassify workers.
A business cannot necessarily avoid employee responsibilities simply by saying:
“You are 1099.”
The actual relationship matters.
Questions can include:
- Who controls how the work is performed?
- Who decides the schedule?
- Who provides equipment?
- Can the worker operate independently?
- Is the worker running a real independent business?
If classification is disputed, IRS procedures exist for determining worker status.
Form 1099-NEC
Businesses commonly use Form 1099-NEC, Nonemployee Compensation, to report certain payments to independent contractors.
Official:
But remember:
No 1099 does not automatically mean no tax.
Business income generally must be reported even when you never receive a tax form reporting it.
Form W-9
If another business hires you as an independent contractor, it may ask you to complete:
Form W-9, Request for Taxpayer Identification Number and Certification
The W-9 generally provides the payer with information such as your:
- legal name
- business name when applicable
- federal tax classification
- address
- taxpayer identification number
Official:
Sole Proprietor
A sole proprietor is someone who owns an unincorporated business alone.
You do not necessarily need to create an LLC simply because you start earning money independently.
A sole proprietor commonly reports business income and expenses on:
Schedule C
attached to:
Form 1040
The IRS instructs sole proprietors to report business income or loss on Schedule C.
Official:
Revenue Is Not the Same as Profit
Suppose your business receives:
$100,000
during the year.
That does not necessarily mean your taxable business profit is $100,000.
If you have legitimate deductible business expenses of:
$40,000
your approximate net business profit could be:
$60,000
before considering other tax rules.
Think:
Business revenue
minus
allowable business expenses
=
business profit or loss
Business Expenses
An ordinary and necessary business expense may potentially be deductible subject to tax rules.
Depending on the business, examples might include:
- advertising
- business insurance
- office expenses
- supplies
- professional fees
- certain vehicle expenses
- equipment
- software
- business phone costs
- business-use portion of certain expenses
- rent for business premises
- employee wages
- certain travel expenses
- licenses
- payment-processing fees
But:
“I own a business” does not make every personal purchase deductible.
Personal groceries are still personal groceries.
Your family vacation does not become a business deduction simply because you answer an email during the trip.
Keep Business and Personal Money Separate
Even if you operate as a sole proprietor, separating business and personal activity makes bookkeeping much easier.
Consider using:
- separate business bank account
- separate business credit card
- bookkeeping software or spreadsheet
- organized receipt storage
This makes it easier to determine:
- business revenue
- business expenses
- profit
- taxes
The IRS emphasizes keeping records that clearly show business income and expenses and support deductions claimed on tax returns.
Self-Employment Tax
This is one of the biggest surprises for new business owners.
Employees have Social Security and Medicare taxes withheld from their wages, with employers generally paying the employer portion.
When you are self-employed, you generally pay self-employment tax instead.
The federal self-employment tax rate generally consists of:
12.4% Social Security
plus
2.9% Medicare
for a combined basic rate of:
15.3%
subject to applicable Social Security wage limits and Medicare rules.
This is separate from ordinary income tax.
The $400 Rule
If your net earnings from self-employment are generally $400 or more, you may need to file Schedule SE to calculate self-employment tax.
Official:
Income Tax + Self-Employment Tax
A common mistake is thinking:
“My business made $50,000 and self-employment tax is 15.3%, so that’s all I owe.”
Not necessarily.
A self-employed person may potentially owe:
income tax
plus
self-employment tax
plus
state income tax
plus possibly other state or local business taxes.
The exact amount depends on the entire tax situation.
Quarterly Estimated Taxes
Employees usually have taxes withheld from every paycheck.
Self-employed people often do not.
Because the U.S. tax system generally operates on a pay-as-you-go basis, self-employed individuals may need to make estimated tax payments during the year.
Official:
Do not automatically wait until April to think about all of the year’s taxes.
What Is an LLC?
LLC means:
Limited Liability Company
An LLC is a legal business structure created under state law.
This is important:
LLC does not describe one single federal tax system.
The IRS can treat an LLC differently depending on:
- number of owners
- elections made by the business
The IRS states that LLCs are created under state law and may be treated federally as a disregarded entity, partnership or corporation depending on the circumstances.
Official:
IRS — Limited Liability Companies
Single-Member LLC
An LLC with one owner is called a:
Single-Member LLC
By default, for federal income-tax purposes, many single-member LLCs are treated as a disregarded entity.
That often means the business activity ultimately appears on the owner’s individual tax return, such as Schedule C for an operating sole-proprietor-type business.
Creating an LLC does not automatically eliminate self-employment tax.
Multi-Member LLC
An LLC with two or more members is generally treated as a partnership for federal income-tax purposes unless it makes an eligible election to be taxed differently.
A partnership generally has additional tax filing requirements.
LLC Does Not Automatically Mean “S Corporation”
This is one of the most common sources of confusion.
These are different concepts:
LLC = state-law business structure
S corporation = federal tax election/classification
An eligible LLC may elect S corporation taxation, but simply forming an LLC does not automatically make the business an S corporation.
What Is an S Corporation?
An eligible business can potentially elect to be taxed under S corporation rules.
This can change:
- how owners are paid
- payroll requirements
- how certain earnings are taxed
- tax reporting
But an S corporation creates additional administrative responsibilities.
It should not be treated as a magic tax loophole.
Business owners considering an S corporation should understand:
- reasonable compensation rules
- payroll
- tax returns
- bookkeeping
- state taxes and fees
- professional costs
before electing it merely because someone on social media said:
“Open an S corp and you don’t pay taxes.”
That statement is false.
What Is an EIN?
An Employer Identification Number, or EIN, is a federal tax identification number used for businesses and certain other entities.
Some businesses need one.
Others obtain one even when not strictly required for every federal purpose because it can be useful for business administration.
Apply directly through the IRS:
Do not unnecessarily pay a third-party website hundreds of dollars to obtain something the IRS itself provides.
If You Hire Employees
Once you hire employees, your responsibilities become much larger.
You may need to handle:
- employee W-4s
- payroll
- withholding
- Social Security
- Medicare
- unemployment taxes
- W-2 reporting
- state employment requirements
- workers’ compensation requirements
Do not casually pay someone as a 1099 contractor merely to avoid payroll if the person is actually an employee under applicable law.
Sales Tax for Businesses
Sales tax is different from income tax.
If you sell taxable goods or services in a jurisdiction requiring sales-tax collection, you may need to:
- register with the appropriate state or local agency
- collect sales tax from customers
- file sales-tax returns
- send collected tax to the government
You generally should not think of sales tax collected from customers as ordinary money that belongs to your business.
It may be money you are collecting on behalf of the taxing authority.
Rules vary greatly by state and even by locality.
A restaurant, online seller, service business and grocery store may all face different rules depending on the jurisdiction and products sold.
Example: Sales Tax Is Not Your Profit
Suppose you sell an item for:
$100
and collect:
$8 sales tax
The customer pays:
$108
That does not necessarily mean your business earned $108 of sales revenue in the ordinary sense.
The $8 may need to be remitted to the appropriate tax agency.
Never spend collected sales tax without understanding your obligations.
Online Businesses Can Have Sales-Tax Obligations Too
Selling products through:
- your own website
- online marketplaces
- social media
- other e-commerce platforms
does not automatically exempt you from sales-tax rules.
State rules involving sales-tax nexus, marketplace facilitators and remote sellers can become complicated.
Check the state where your business operates and the states where you have sufficient business activity.
Business Licenses and Taxes Are Not the Same Thing
A business may need:
- state registration
- city business license
- county permit
- professional license
- seller’s permit
- health permit
- zoning approval
depending on what it does and where it operates.
Having an LLC does not automatically mean you have every license or permit required to operate.
State Rules Matter
A business operating in California can have very different:
- LLC fees
- income taxes
- sales-tax rules
- employment requirements
- business licenses
than one operating in Texas, Florida, New York or another state.
Do not copy another person’s business setup simply because:
“My cousin does it this way.”
Your cousin may live in a completely different state.
Find your state government here:
Home-Based Businesses
Running a business from home does not automatically make every home expense deductible.
Special rules apply to the home-office deduction.
Generally, specific requirements must be satisfied.
Official:
Vehicle Expenses
Using your vehicle for business may potentially create deductible business expenses.
But commuting from your home to your normal workplace is not automatically deductible business mileage.
Keep appropriate records of business vehicle use.
Official:
Cash Businesses Still Pay Tax
This is especially important for restaurants, beauty businesses, small retail operations, food businesses and other businesses receiving cash.
Cash income is still income.
The fact that:
- no check was written
- no credit card was used
- no 1099 was issued
- the customer paid cash
does not automatically make the income tax-free.
Keep accurate records of cash sales.
Venmo, Zelle, PayPal and Payment Apps
Money received through electronic payment services is not taxed simply because it arrived through an app.
What matters is why you received the money.
Examples:
Friend reimburses you $40 for dinner
is different from:
Customer pays you $400 for business services.
Do not assume every transfer is taxable.
Do not assume every transfer is tax-free either.
Family Members Working in the Business
Burmese family businesses often involve spouses, children, siblings or other relatives helping.
Being family does not automatically eliminate employment and tax rules.
How someone is treated can depend on:
- business structure
- person’s relationship to the owner
- type of work
- compensation
- applicable federal and state rules
Do not assume:
“It’s family, so payroll doesn’t matter.”
Keep Good Records
Your records should help prove:
Money coming in
and
Money going out
Keep documents such as:
- invoices
- receipts
- bank statements
- credit-card statements
- payroll records
- mileage records
- equipment purchases
- rent documents
- contracts
- 1099s
- tax returns
The IRS says good records help establish income, expenses and deductions and should generally be retained as long as needed to substantiate items on a tax return.
Do Not Mix Personal and Business Expenses
Suppose your business card pays for:
$500 restaurant supply purchase
That may be a legitimate business transaction.
But if the same card pays:
$500 family vacation
calling the card a “business credit card” does not turn the vacation into a business deduction.
The nature of the expense matters.
Burmese Property or Business Income
New Burmese immigrants should pay special attention if they continue owning:
- rental property in Myanmar
- businesses in Myanmar
- financial accounts outside the United States
- investments abroad
U.S. tax residents are generally subject to U.S. taxation on worldwide income.
Additional foreign-account or international reporting requirements can also apply depending on the circumstances.
This is one area where professional tax advice from someone experienced with international taxation can be particularly valuable.
A Simple Business Tax Routine
Instead of panicking every April, build tax preparation into the business.
Every Day or Week
Record income and expenses.
Every Month
Reconcile bank and credit-card accounts.
Save receipts and documents.
Every Quarter
Review profit.
Determine whether estimated taxes are due.
Review sales-tax obligations.
Every Year
Collect tax forms.
Reconcile books.
Prepare federal and state returns.
Prepare required employee and contractor reporting.
Biggest Mistakes to Avoid
Do not:
- hide cash income
- ignore 1099 income
- mix personal and business expenses without records
- assume an LLC automatically saves taxes
- call employees contractors simply to avoid payroll
- forget estimated taxes
- spend sales tax that belongs to the state
- create fake deductions
- fail to keep receipts
- assume state laws are identical
- assume foreign income does not count
Official Small-Business Tax Resources
IRS — Small Business & Self-Employed Tax Center
IRS — Self-Employed Individuals
USA.gov — State and Local Taxes
This guide provides general educational information and is not individualized tax, accounting, legal or financial advice. Federal tax law changes, and LLC, sales-tax, licensing, employment and business-tax rules vary significantly by state and locality. Verify current requirements with the IRS and the appropriate state and local agencies.