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New Sole Proprietors, LLCs, and Corporations Need Accounting and Tax Services

MyIRSRelief

There are a number of different accounting and bookkeeping software programs available for sole proprietors. These programs can help you track your income and expenses, generate financial reports, and file your taxes. This is because LLCs are separate legal entities from their owners.

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Rules for When To Issue a 1099 Form to a Vendor – Updated for 2023

Nancy McClelland, LLC

Legally, no business should be using the non-business versions of these payment types… but in real life, many do. Here’s a nice decision-tree provided by our friends over at Bookkeepers.com , courtesy of Bookkeeping Buds. 3) You may need to reconcile this form against the amount of sales income you report on your tax return.

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Rules for When To Issue a 1099 Form to a Vendor – Updated for 2023

Nancy McClelland, LLC

Legally, no business should be using the non-business versions of these payment types… but in real life, many do. Here’s a nice decision-tree provided by our friends over at Bookkeepers.com , courtesy of Bookkeeping Buds. 3) You may need to reconcile this form against the amount of sales income you report on your tax return.