The IRS states that its mission is to provide America’s taxpayers with top quality service by helping them understand and meet their tax responsibilities and enforce the law with integrity and fairness to all. However, when it comes to the customer experience, the IRS is among the lowest performing federal agencies.
There’s no denying the popularity of QuickBooks– in fact, Intuit estimates that more than 5.6 million customers globally are using the program. However, choosing the right version of QuickBooks accounting software for your business can be challenging.
Each year, the Internal Revenue Service (IRS) sets standard mileage rates for business based on an annual study of fixed and variable costs of operating an automobile, including depreciation, insurance, repairs, tires, maintenance, gas and oil. Beginning on January 1, 2020, the standard mileage rates have changed.
As part two of our series on tax forms, this article explains the purpose of Form 1099-MISC, its filing requirements and upcoming changes for 2020.
As Part I of our 2019 Forms W-9 and 1099-MISC Series, this article explains the purpose of Form W-9. Purpose of Form W-9 An individual or entity (Form W-9 requester) who is required to file an information return (Forms 1099) with the Internal Revenue Service (IRS) must obtain your correct
If you’re a business owner and have never heard of a Professional Employer Organization (PEO), you owe it to yourself to find out what it is and what it can do for you. PEOs provide human resources (HR), payroll processing, employee benefits, workers’ compensation and regulatory compliance assistance to small
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 …
Good financial records lay the foundation for mapping business progress, preparing statements, identifying key income sources, tracking deductible expenses, keeping track of property, preparing your …