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tax-preparation

Tax Preparation for Massage Therapists

Tax preparation for massage therapists is an important task that should be included yearly, as well as, daily in one’s massage business. Massage therapy is practiced all over the world as an art of healing ailments since ancient times. In most states, a licensed massage therapist, whether self-employed or as a full-time or part-time employee, receives income that is required to be taxed. So as per the income tax rules, a massage therapist is liable for filing their tax return yearly after making eligible deductions as per tax code.   Here are...

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Prepping for Tax Time: Tax Tips for Massage Therapists

This time of year can be particularly complicated and stressful for self-employed professionals like massage therapists. As a massage therapist in business for yourself, whether you are a sole proprietor or independent contractor, you are consider to be self-employed and need to file a Schedule C or C-EZ, as well as a Schedule SE for required self-employment taxes. Start here to understand where you stand with filing taxes for the 2015 business year. The following tips and guidelines should help massage therapists navigate tax time with more ease and confidence. Keep detailed...

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