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…
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…
Portions of this articles were drawn from Consumer.ftc.gov, Irs.gov and Equifax.com The Equifax data breach exposed the information of nearly half the population of the United States. There is a greater than normal likelihood your data is now in hackers’…
College students need to complete the Application for Federal Student Aid (FAFSA) to qualify for any needed financial aid. Two new changes have taken affect for the new FAFSA process: You can now submit the FAFSA form as early as…
1)Be Prepared Ah yes, the Boy Scout Motto, “Be Prepared”. It is very applicable to surviving tax season. How can you get prepared? Start with completing your tax organizer. We send these out to our clients in early January. …
Determine Who Needs to Be Issued a 1099 A Form 1099 needs to be issued to any unincorporated business that you paid $600 or more. An unincorporated business includes Limited Liability Companies (LLC’S), Partnerships and Sole Proprietors. Additionally, a 1099…