Send us Fan MailDawn talks with Kristine Stevenson, personal finance coach, enrolled agent, and author of “How to Avoid Trouble with the IRS: 10 Best Tax Tips for the Self-Employed, Gig Worker, and Indie Contractor”. In this episode…Who is Kristine and whom does she serve? (1:40). How IRS debt is different from other debt. (2:58).Where does Kristine see businesses getting in the most trouble with the IRS, and the price they end up paying for getting in that trouble. (3:49). Employers must withhold a percentage from employees and pay the other half themselves (5:35).The differences between employees, gig employees, independent contractors and why it’s important to get it right. (7:29).By law though, in some cases you can’t just contract work, you are required to hire an employee. (12:18).When you hire an employee, you are paying their wage plus… (15:29).Taking care of all the tax and withholding does not have to be difficult. (16:31).Setting up systems is crucial. (17:12). EFTPS. (19:45).Reasonable and prudent. (24:30).What else does a business owner need to know and do to stay out of trouble with the IRS? (26:43). Resource links: Kristine’s Website- www.kristinestevensonea.comKristine’s Book- How to Avoid Trouble with the IRS: 10 Best Tax Tips for the Self-Employed, Gig Worker, and Indie Contractor. https://www.amazon.com/How-Avoid-Trouble-IRS-Self-Employed/dp/B09XBS7WS1/ref=sr_1_1?crid=1M8G8XEW25BDY&keywords=how+to+avoid+trouble+with+the+irs&qid=1653591824&s=books&sprefix=how+to+avoid+trouble+%2Cstripbooks%2C117&sr=1-1Dawn’s Website: https://dawnkkennedy.com/Links and Freebies- https://dawnkkennedy.com/free/What Clients Say About Working with Dawn- https://entremoneycoach.com/about-dawn/In-Depth Information, Tips, and Strategies- https://entremoneycoach.com/blog/Thanks for listening. If you liked what you heard and want more, please like us on Facebook https://www.facebook.com/dawnkkennedymentorFollow us on Instagram https://www.instagram.com/dawnkkennedyxoOrder Dawn’s book, The Profit Accelerator for Small Business https://entremoneycoach.com/book/Support the showThanks for listening. If you liked what you heard and want more, please visit and subscribe:Subscribe to our Youtube Channel: https://youtube.com/@dawnkkennedyxo?si=DcRcjv7H0KN5_vFPFollow us on Instagram https://www.instagram.com/dawnkkennedyxoFollow us in Tiktok: https://tiktok.com/dawnkkennedyFor weekly in-depth articles, tips, and strategies: https://getinweredoingbusiness.substack.com Dawn’s Website: https://dawnkkennedy.com/Links and Freebies: https://dawnkkennedy.com/resources Support the showSUPPORT THE SHOWOrder Dawn’s book, The Profit Accelerator for Small Business ...

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