Forms What Organizations Need to Know About Form 1099-NEC for Non-Employee Compensation Tax season is upon us, and for many organizations, that means grappling with the intricacies of Form 1099-NEC for non-employee Read More »
Forms A Comprehensive Guide to Deadlines for Sending 1099 Forms If you’re a business owner, you’re likely aware of the need to send 1099 forms, or you rely on your Read More »
Form 1099-NEC Penalties for Missing the 1099-NEC or 1099-MISC Filing Deadline for 2024 Businesses need to complete and submit Form 1099-NEC by January 31 (or the following business day if it’s a weekend Read More »
Form 1099-NEC IRS Form 1099-NEC Due Date 2024 Business taxpayers are required to file Form 1099-NEC by the due date to avoid late filing penalties. Form 1099 NEC Read More »
Form 940 IRS Form 940 Changes for TY 2023 The IRS Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return, is used to report FUTA taxes to the IRS. Read More »
Accounting Softwares QuickBooks Online vs QuickBooks Desktop 2023 Guide Choosing the right version of QuickBooks for your business can be a crucial decision, as it impacts your financial management Read More »
Accounting Softwares Xero vs Sage Intacct vs QuickBooks Online A cloud-based accounting tool plays a vital role in a company’s daily operations. It provides a clear and organized overview Read More »
IRS B & P Notices Best Practices to Minimize B and P Notices Each year, the IRS sends B Notices in the form of IRS Notice CP2100 and CP2100A and P Notice in Read More »
IRS B & P Notices A Comprehensive Guide on IRS B & P Notices Your company receives a CP2100 (B Notice) or 972CG (P Notice) when there’s a discrepancy between the name and tax Read More »
Form 1099-K Did you receive Form 1099-K? What data and documentation must you track to report 1099-K Forms? Note: IRS delays the rollout of the $600 threshold for 1099-K reporting.The threshold for Form 1099-K remains at $20,000 with Read More »