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Deducting Employee's Pay from Taxes

by foster2132, Window Shopper

  • Created: February 8, 2013, 9:38 pm
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2 comments
Can a LLC deduct pay in 2012 taxes that was paid to a contractor in 2013 for services performed in 2012?
Tags: Discuss Popular Topics, Filing and Paying Taxes
‹ My business pays sales tax on the products it resells. Need I collect sales taxes again upon resale? Filing Prior Year Taxes for Small Home Based Business while working full time ›

JGabriel | Community Moderator | 2/19/2013 - 12:46 pm

Try getting in touch with a mentor or an accountant who could offer you specific guidance.

BizResearcher | Window Shopper | 2/12/2013 - 11:33 am

Did you give the contractor a 1099 that shows the income as earned in 2012?