#self-employment tax

2 posts

Oct 2026

Guides 6 min read Oct 19, 2026

Disregarded Entity: What It Is and How It's Taxed

A single-member LLC is, by default, a disregarded entity: the IRS looks through it to its owner for income tax. What that means for Schedule C, self-employment tax, and whose taxpayer ID belongs on the W-9 and 1099.

By Dmitrii Borisov

Oct 2026

Guides 7 min read Oct 19, 2026

1099 Employee: What It Means and How to Pay One

A "1099 employee" is really an independent contractor. What the term means, how they're taxed, the W-9 and 1099-NEC forms involved, the misclassification risk, and how to pay one, including in crypto.

By Dmitrii Borisov