Nancy McClelland, LLC

DECEMBER 26, 2023

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. The most important point is that only businesses need to issue 1099s — if you paid someone for personal purposes, you are not (yet) required to send them or the IRS a Form 1099.

bookkeeping 52

bookkeeping tax return Non-Profits Tax 52

Nancy McClelland, LLC

DECEMBER 26, 2023

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. The most important point is that only businesses need to issue 1099s — if you paid someone for personal purposes, you are not (yet) required to send them or the IRS a Form 1099.

bookkeeping 52

bookkeeping tax return Non-Profits Tax 52

ThomsonReuters

NOVEMBER 8, 2022

In this edition, we take a look at the new 1099 filing platform, WARN laws, and annual cost-of-living adjustments to key figures. New 1099 Filing Platform to Launch in 2023. The Taxpayer First Act requires the IRS to develop an internet platform by January 1, 2023 that will allow taxpayers to electronically file Forms 1099.

payroll 69

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Snyder

NOVEMBER 10, 2022

Most SMB owners fall into the trap of putting off taxes until the last minute because they don’t have professional tax accounting software backing them up. First, try to make the most out of your accounting software. What is tax software? What factors should be considered when selecting tax software? What is tax software?

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LyfeAccounting

NOVEMBER 2, 2020

In other words, we’re going to debate a 1099 vs W2 and which one may be best for your business. So today in this post, we’re going to discuss 1099 vs W2 and which one may be better for your business. Okay, so here’s what we’re going to cover. #1 1 – What are going to define what a 1099 worker is and what a w2 worker is. #2

payroll tax 52

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