by Candy | Mar 10, 2022 | Taxes
The Internal Revenue Service announced in December that they will begin offering the ability to electronically file the new Schedules K-2 and K-3 for the 2021 tax year. This is a new requirement from the IRS for those who have items of international tax relevance. If...
by Candy | Mar 3, 2022 | Business, COVID-19, Featured, Shared, Taxes
COVID-19 continues to have a significant impact on how business is conducted for employers. One of the biggest changes we have seen is the shift from working in an office setting to having an entire remote workforce. Although there are many benefits to having...
by Candy | Feb 18, 2022 | Taxes
Municipal property-valuation officials from all over the country recently came together to discuss with President Joe Biden’s administration the widespread issue with unfairness in local property taxes. It was requested by these officials to tap into national data...
by Candy | Feb 15, 2022 | Business, COVID-19, Taxes
During the pandemic, the Internal Revenue Service has expanded its telework program to allow employees to work in their homes. According to a recent report from the Treasury Inspector General for Tax Administration (TIGTA), in March of 2020 there were approximately...
by Candy | Feb 11, 2022 | Taxes
The big question running through business owners’ minds this new year is, will the 2022 tax filing season be normal? Unfortunately, it is unlikely. The pandemic has caused a lot of policy changes over the last couple of years and also a large number of new tax...
by Candy | Dec 31, 2021 | Taxes
It’s January and the mandated 1099 filing season is upon us! If it wasn’t already complicated enough, now there are two 1099 forms that many business owners may have to file. What is Form 1099? In most cases, a 1099 is issued to report a payment over $600 made to a...
