by Candy | Jan 30, 2018 | Featured, Taxes
Are you expecting a tax refund for 2017? The IRS started processing returns on January 29. If you’re one of the millions of Americans who are asking, “When can I expect my income tax refund?” we have the answer. It depends on a couple of things, but...
by Candy | Jan 19, 2018 | Featured, Payroll
The Internal Revenue Service has released Notice 1036, which updates the income-tax withholding tables for 2018 reflecting changes made by the tax reform legislation. This is the first in a series of steps that IRS will take to help improve the accuracy of withholding...
by Candy | Jan 9, 2018 | Featured, Taxes
In the last post, I discussed the exceptions to the 1099 rules. If you missed the post, you can read it here. Today I’m going to explain how to properly fill out the forms required by the IRS. There is a lot of information listed in the IRS...
by Candy | Jan 5, 2018 | Bookkeeping, Featured
In the last post, I shared some basic information on who is subject to report, as well as who is subject to receive form 1099-MISC. If you missed that post, you can find it here. There are exceptions to the rules listed in the prior post: Generally, payments to a...
by Candy | Jan 3, 2018 | Bookkeeping, Featured
Business owners are required to file 1099 forms for vendors if the purchases and those who have been paid fall into certain categories. These forms are due to the recipient and the Internal Revenue Service by January 31. Many entrepreneurs are confused about to whom...
by Candy | Dec 26, 2017 | Featured, Taxes
Are you a resident of California affected by the recent fires? There have been emergency proclamations in the counties of Santa Barbara, San Diego, Los Angeles, and Ventura. The state of emergency has caused building owners to ask about whether property taxes need to...
