Final IRS E-Filing Regulations That Your Business Needs to Know
The IRS has updated its filing procedures, implementing new regulations that mandate electronic filing for various returns. Under the Taxpayer First Act, this change lowers …
The IRS has updated its filing procedures, implementing new regulations that mandate electronic filing for various returns. Under the Taxpayer First Act, this change lowers …
Preparing a 1042-S is challenging, and the stakes get even higher if there are incorrect filings, leading to penalties, fines, and unnecessary stress. Don’t worry! …
A skimming of recent headlines suggests that the ACA is not only doing what it was intended to do—increase access to quality health care—but has …
According to section 6056, each year, applicable large employers are required to file Form 1095-C with the IRS and provide copies to employees before the …
If you think you’ll have a balance due this year, Tax1099’s IRS Federal Tax Payment will help alleviate the time and stress involved. It’s a …
On January 19, 2024, there was a notable display of bipartisan cooperation as the Ways and Means Committee gave its nod of approval to the …
While most of us eagerly anticipate that sweet tax refund, it’s not guaranteed for everyone. According to data from Civic Science, a steady increase in …
QuickBooks Online provides a range of four distinct versions tailored for businesses. Deciding between QuickBooks Online, QuickBooks for Self-Employed, or other QuickBooks versions may seem daunting. …
Beginning on January 1, 2024, many companies in the United States will have to report information about their beneficial owners, i.e., the individuals who ultimately …
As a business owner or contractor, knowing when you’re supposed to issue a 1099 form is crucial. It’s not just about tracking your payments; it’s …