by Candy | Nov 12, 2020 | Bookkeeping, Business, Featured, Shared, Taxes
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...
by Candy | Oct 9, 2020 | Bookkeeping, Business, Featured, Shared
Refinancing car and home loans is a fairly common practice, but did you know that you can also refinance your business loan? While it’s easy to breathe a sigh of relief and simply move on after obtaining funding for your company, according to Finder, you can actually...
by Candy | Sep 25, 2020 | Business, COVID-19, Shared, Software
You’ve spent months pivoting your business week-to-week to cope with the changing landscape of the world amidst the global pandemic. Now that the dust has settled and your team has likely settled into a new normal of telecommuting, there is a new challenge to...
by Candy | Sep 22, 2020 | Bookkeeping, Business, Featured, Sales Tax, Shared, Taxes
Many states are taking advantage of the rise in telecommuting due to the pandemic to trigger the establishment of a tax nexus. Unfortunately, this may create additional administrative and tax burdens for small business owners who have employees telecommuting from...
by Candy | Apr 6, 2020 | COVID-19, Featured, Shared
There has been a lot of information released lately on different pieces of legislation to help employees and employers alike during this COVID-19 era. The impact of the virus has been felt by many both physically (whether only having to stay indoors most of the time...
by Candy | Jan 28, 2020 | Business, Payroll, Shared
It’s January and the mandated 1099 filing season is upon us! If filing the 1099-MISC form, you must not only send to the recipient by January 31st, but they must also be paper or electronically filed by that date with the IRS as well. Failing to do so may result in...
