Preparing 1099-MISC forms can be difficult, but we're here to make it easy! We've compiled this list to make sure you don't make these common 1099-MISC errors.So you:Have...
Posted by James Financial Services Inc on 10/19/2021
Your tax payment as an independent contractor could be a little tricky. You must file extra forms, ensure you pay Uncle Sam enough in the year, and pay your self-employment tax. Who...
Posted by Karen Munoz, EA on 10/19/2021
Having a small business is the dream of many people, even though the intricacies involved in running a business is complicated. When you eventually add taxes each year, it gets tricky....
Posted by Dennis Jao on 05/24/2021
All small businesses must file their tax each year. However, it is essential to avoid mistakes that can lead to higher taxes or raise unnecessary questions. This article sheds...
Posted by Income Taxes and Bookkeeping LLC on 05/07/2021
Have you ever found money in a jacket or pants that you haven't worn in a while? Isn't that awesome? The amount of money you don't know you have can help you with a future...
Posted by The TaxAdvocate Group, LLC on 03/05/2021
The HEART (Heroes Earnings Assistance and Relief Tax Act 2008) Acts provides tax and retirement benefits for service members who are disabled while on active service for more than...
Posted by KLSM CPA Firm PLLC on 02/23/2021
While taxes for 2020 are not due until 2021, many important financial decisions made now can have a major impact on farm taxes and when they are paid. An important resource is the...
Posted by Karen Munoz, EA on 01/17/2021
Royalties are payments to property owners for the use of their properties. Royalties generally refer to payments for using intellectual property (IP), such as copyrights, patents,...
Posted by Unifirst Financial & Tax Consultants on 12/24/2020
Form 1099-MISC (miscellaneous income) is an IRS form that taxpayers use to report non-employee compensation. This is generally a commercial payment, not a personal payment.Freelancers,...
Posted by Dennis Jao on 12/12/2020
