Although it may seem like tax season only just ended, the end of summer is an ideal time for taxpayers to review their own income and withholding for the upcoming tax year. All too often, taxpayers...
The IRS officially began accepting returns for the 2023 tax year at the end of January 2024. This gives taxpayers several months to complete their returns or submit an extension request. Every year,...
Form 1099-NEC Form 1099-NEC is required to be issued if the small business owners or sole proprietors paid at least $600 for services performed by contractors within the calendar year. It reports the...
When Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020, it established numerous programs that provided incentives for employers to keep employees on their...