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Tax Season 2024- Get Your Books Ready in 6 Steps

Shay CPA

While you’re putting some energy into gathering up the documents you need, grab a copy of your 2022 tax returns. fundraising, terms of service, CPA/bookkeeper fees) Office supplies (e.g., Gusto, Justworks) Rent (including WeWork/coworking spaces) Taxes (e.g., Delaware Franchise Taxes) Training/education Utilities (e.g.,

Tax 52
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Tax Season 2023: Get Your Books Ready

Shay CPA

While you’re putting some energy into gathering up the documents you need, grab a copy of your 2021 tax returns. fundraising, terms of service, CPA/bookkeeper fees) Office supplies (e.g., Gusto, Justworks) Rent (including WeWork/coworking spaces) Taxes (e.g., Delaware Franchise Taxes) Training/education Utilities (e.g.,

Tax 52
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Rules for When To Issue a 1099 Form to a Vendor – Updated for 2023

Nancy McClelland, LLC

3) You may need to reconcile this form against the amount of sales income you report on your tax return. The IRS is now planning a phase-in of $5,000 for tax year 2024. However, the deadline for filing 1099-MISC with the IRS is February 28 if filing on paper, and March 31 if filing electronically.

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

Nancy McClelland, LLC

3) You may need to reconcile this form against the amount of sales income you report on your tax return. The IRS is now planning a phase-in of $5,000 for tax year 2024. However, the deadline for filing 1099-MISC with the IRS is February 28 if filing on paper, and March 31 if filing electronically.