You got an IRS Form 1099. Must you file a Form 1040 & pay federal income tax by April 15th? (Short)
You got copies of the IRS 1099 forms sent to the IRS in January. These reflect the gross receipts sent to you or your business. Does this information having been reported to the IRS mean that you need to claim your business expenses as deductions from your gross receipts on a Schedule C in order to reduce your profits or even show a loss so that you owe less income taxes or even none at all?
Do you need to keep your receipts for several years to prove your deductions in case of an audit? Is there a legal, safe way out of this grueling, complicated headache of forking over a ton of your money to the IRS by April 15th each year?
To hear the positive answers you have always felt are true and just, listen to this week’s Freedom Hour presentation by Peymon Mottahedeh, the president of Freedom Law School, which he founded in 1996.
Peymon and Freedom Law School have helped many Americans to live free of IRS deception, robbery, and slavery. Take the Seven Steps to income tax freedom on our website, www.FreedomLawSchool.org.
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