Forms A Comprehensive Guide on How to Verify W-9 Information Do you know a study conducted by payroll software provider Gusto in 2022, found that 34% of businesses said they Read More » December 9, 2023
Forms Form 1099-NEC: Your Guide to Reporting Non-Employee Compensation Navigating Form 1099-NEC can seem daunting, but it doesn’t have to be. In this guide, we’ll walk you through everything Read More » December 9, 2023
Forms What is Form 1099 and how do I fill out a 1099 form? A 1099 form is used as an example of a collection of documents generally referred to as “information returns” by Read More » December 5, 2023
Forms How Often Should a W-9 be Updated? Organizations may want to update the W-9 form for each vendor or payee annually or whenever there is a change Read More » November 30, 2023
Form 1099-K IRS Delays Implementation of $600 Reporting Threshold in Form 1099-K for 2023, Plans to Set $5,000 Threshold for TY 2024 The IRS has postponed the introduction of the $600 threshold for 1099-K reporting by third-party settlement organizations for the calendar year 2023, Read More » November 22, 2023
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 » November 10, 2023
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 » November 10, 2023
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 » November 9, 2023
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 » November 6, 2023
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 » November 6, 2023
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 » November 3, 2023
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 » November 3, 2023