The New 1099-NEC Form

The New 1099-NEC Form

Are you aware that there is a new 1099 form that must be filed in January 2021? That form is called the 1099-NEC. This form is for those who are paid non-employee compensation as independent contractors, or businesses that are paid $600 or more that are not a part of...
Year-End Tax Planning

Year-End Tax Planning

https://youtu.be/zVWFPrGpFCI As business owners, it is important to know what your tax liability would be before the filing deadline comes around as a bookkeeping company. I always recommend that my clients meet with their CPA’s to do tax planning before the end of...
California Raising Income Tax?

California Raising Income Tax?

Though their state already has the highest personal state income tax rate in the nation at 13.3 percent (beating the next closest state, Hawaii, by 2.3 percent), California legislators are considering an Assembly Bill which would raise the tax rate even higher....

Pin It on Pinterest