Don’t Leave Money on The Table. Does your CPA always wait until the last minute? Do they not get your returns filed until the due date and then you’re scrambling to review and make sure there are no errors?
While there are many types of “Information Returns” that businesses are required to file, the most common for our business clients are Forms 1099-NEC and
Form W-9 is an Internal Revenue Service form which is used to request and confirm the name, address, and taxpayer identification information of a taxpayer.
The IRS issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving
Form 1099-NEC (Non-Employee Compensation) Replaces 1099-MISC for Reporting Payments to Non-Employees
Businesses Beware: Despite COVID-19, the Internal Revenue Service is moving forward with changing the reporting requirements of Form 1099-MISC box 7, “Non-Employee Compensation” requiring reporting
The Internal Revenue Service (IRS) is ramping up efforts to thwart identity theft, which is becoming more and more common. Tax-related identity theft occurs when someone uses your Social Security number to file a fraudulent tax return in an attempt …