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I do the bookkeeping for my wifes microbusiness (less then 30k year). Once a month and year end. Should I charge for services?
My wife runs a micro-business (less then 30k). I've done her taxes every year as she keeps good records. I will be taking over this aspect of the business too and basically go through month end records every month and doing the taxes. Should I be charging her and reporting it both on my tax return and on hers? And if so, should I be inputting it as an employee/family member on her return or just a straight professional fee (I am in no way a professional accountant! Just anal about numbers and receipts!)
‎October 30, 2019
1:29 PM