Helpfulbox Now Offers Free POS Software for restaurants, kiosk, and any other retails business completely free used windows cashier system or as full blown POS. You will able to print to kitchen, display orders on the kitchen screen, manage inventory, employee, report, customer loyalty offers, employee management, delivery address track and much more, al for free.

Compensation Loans Hello, The IRS states that an independent contractor can receive a loan as compensation, but am not sure if the loan can be non-recourse. Most resources on the Internet point out that a non-recourse loan is part of a secured transaction. However, the independent contractor has already performed a valuable service for which he is being compensated. So, the question is: is performance an adequate substitute for collateral? Thanks!

By: Guest
Date: Unknown--
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0
wtf are you really trying
[d] By: Guest
Date: unknown---
Response
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Loans are not complensation.

If you're given an advance on services, that's your payment.

If you're loaned $$, there would be a contract and possible security. When your intent is to pay the $$ back, it's not taxable.

[d] By: Guest
Date: unknown---
Response
0
Why would I loan you money

for services you rendered to me, and then not be able to take a tax deduction for it?

weird

[d] By: Guest
Date: unknown---
Response
0
Where does it say this?

"The IRS states that an independent contractor can receive a loan as compensation, but am not sure if the loan can be non-recourse. "

[d] By: Guest
Date: unknown---
Response
What is 1 + 100



Helpfulbox Now Offers Free POS Software

for restaurants, kiosk, and any other retails business completely free. It can be used as windows cashier system or as full blown POS. You will able to print to kitchen, display orders on the kitchen screen, manage inventory, employee, report, customer loyalty offers, employee management, delivery address track and much more, all for free.

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