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
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 » November 1, 2023
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 » November 1, 2023
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 » October 31, 2023
Form 1099-K Understanding Changes in Form 1099-K Reporting for 2023 Tax Season 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 » October 31, 2023
Accounting Softwares Xero vs. QuickBooks Online: Features Comparison, Pros, Cons A cloud-based accounting tool plays a vital role in the day-to-day operations of a company. Whether you choose Xero or Read More » October 30, 2023
W-2 Forms W2 Deadline 2023: Deadline For employers To Send Out W2 & W2 Deadline To Report To IRS Attention, Employers! Understanding the W2 Deadline of 2023 is crucial for a smooth tax season. This blog simplifies the process, Read More » October 26, 2023
W-2 Forms What Is a W-2 Form? Understanding The Form W-2 and How Does It Work? As an employer, understanding the W-2 form is vital for your business and your employees. It’s not just paperwork; it’s Read More » October 26, 2023