article thumbnail

SMB Accounting Automation Firm ScaleFactor To Close

PYMNTS

Staffers who are leaving the firm will reportedly get 12 weeks of severance in addition to healthcare up to the close of the year. ScaleFactor, which rolled out in 2014, provided software for the automation of back-office work, such as payroll and bookkeeping. The firm offered its software for a flat charge to its clients.

article thumbnail

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

Nancy McClelland, LLC

Here’s a nice decision-tree provided by our friends over at Bookkeepers.com , courtesy of Bookkeeping Buds. As a bookkeeper, accountant or tax preparer, it’s important to protect your small business clients by making sure all taxable income is being reported on their books/returns. I know, that’s all very confusing. Simple, see?

article thumbnail

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

Nancy McClelland, LLC

Here’s a nice decision-tree provided by our friends over at Bookkeepers.com , courtesy of Bookkeeping Buds. As a bookkeeper, accountant or tax preparer, it’s important to protect your small business clients by making sure all taxable income is being reported on their books/returns. I know, that’s all very confusing. Simple, see?