No W-2 Wage Statement or Form 1099?

Many workers are paid Cash and the person or company they work for fail to provide W-2s or Form 1099.

It is each person's responsibility to file tax returns when receiving any type of income.

There are solutions for people in the situation.

Immediately, start keeping a record of each pay amount received.

When companies fail to take workers taxes out of their payroll. Then, the worker is responsible for paying their own estimated tax payments.

Read Form 1040-ES Estimated Tax Payments. Or, call your taxpreparer and ask for the Form 1040-ES 2015. This will provide you with coupons and amount you should send in every quarter. Otherwise, you will get a penalty for non-payment of estimated tax payments.

Do not wait for paying current estimated payments. Otherwise, you will have tax debt and penalties added.

If you do not have a social security number, apply for ITIN.

Eventhough, this number is for other purposes. If you earn income you need to file and pay taxes. Especially, for those who are applying for resident status with Immigration.

We can help you with all of the processes, filing and in compliance with tax obligations.

Call 323 344 2294 for Free 30 minute consultation. Or, call Luz Orozco my associate at 310 650 4664.

#W2 #Form1099 #Taxpenalty