You open your mail and you get the notice. You are being audited by the IRS. Now what do you do? First, relax. Then follow these 5 Easy Steps. 1) Read the Notice I know this sounds basic but…
You open your mail and you get the notice. You are being audited by the IRS. Now what do you do? First, relax. Then follow these 5 Easy Steps. 1) Read the Notice I know this sounds basic but…
Many business owners will eventually buy a building and then rent it to their business. This can be an appropriate strategy for many. If you are planning on being in business for an extended period of time why…
While you don’t necessarily want to borrow against your 401(k) plan, there might be some situations when you would consider it. 401(k) Plan Loans The Internal Revenue Service (“IRS”) allows employers to allow employees to borrow against their 401(k) plan.…
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…