1. Sign the Work Authorization and complete the Tax Organizer In order to hire a CPA, you will need to authorize the work. This is done by signing the so-called engagement letter. This establishes the scope of the services to…
1. Sign the Work Authorization and complete the Tax Organizer In order to hire a CPA, you will need to authorize the work. This is done by signing the so-called engagement letter. This establishes the scope of the services to…
1) Determine who should receive Form 1099 Business owners need to determine who should receive a Form 1099. The Form 1099 will be issued to independent contractors and other parties. The IRS has rules to determine who is an employee…
1099 Filing Requirements Businesses have a responsibility to file Form 1099-MISC to all unincorporated businesses that they pay more than $600 to annually. An unincorporated business is a sole-proprietorship, partnership or a Limited Liability Company (“LLC”). In addition to having…
