All You Need To Know About IRS Form 941: An End-To-End Guide Unlock the secrets of IRS Form 941 with our comprehensive guide! This blog covers everything from deciphering its purpose to Read More » July 11, 2023
The New IRS Regulation: 1099-K Transaction Value Threshold Change from $20,000 to $600 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 » June 23, 2023
IRS Updates: IRS Lowered e-Filing Threshold From 250 To 10 – What Businesses Need to Know The IRS has recently implemented a significant change that affects businesses and their filing requirements. With the release of new Read More » June 20, 2023
Exploring the IRS Notice 2023-27: Unraveling the Tax Treatment of Non-Fungible Tokens as Collectibles Discovering the complexities of tax regulations surrounding NFTs has become crucial for creators, investors, and enthusiasts alike. In this comprehensive Read More » May 19, 2023
IRS Updates Guidelines on Bitcoin Treatment: What You Need to Know Learn how the IRS is adapting to the changing landscape of digital currencies and what it means for taxpayers. Discover Read More » May 3, 2023
Understanding 1099 For Non-profits: How And Why You Need To Issue Them Nonprofits must stay compliant and aware of their tax responsibilities when legally engaging with independent contractors. The IRS reads employees Read More » April 3, 2023
Preparing and Filing Form W-2: What You Need to Know When it comes to filing taxes, Form W-2 plays a crucial role. It is the form employers must use to Read More » March 20, 2023
Understanding Form 1099-B: What You Need to Know About Proceeds From Broker Transactions If you sell stocks, bonds, commodities, or other investments through a broker, you must be familiar with Form 1099-B. This Read More » March 14, 2023
IRS Red Flags New Tax Season W-2 Scam – Don’t be a Victim! The Internal Revenue Service is warning taxpayers about an emerging scam involving Form W-2. Fraudsters are asking people to use Read More » March 14, 2023
How TIN Matching Can Help Your Business Avoid B-Notices and Proposed Penalties The dreading thought of the Internal Revenue Service (IRS) sending B-notices and proposed penalties to businesses can be greatly minimized Read More » March 13, 2023
Startups: Here’s How to Avoid 5 Common Employment Law Mistakes Employment laws protect workers, but they can also create a lot of headaches for startups who don’t know the ins Read More » March 13, 2023
Small Business Owners: Here’s What You Need to Know About 1099s Being a small business owner comes with many responsibilities, one of which is understanding 1099s. Because 1099s are an important Read More » March 3, 2023