Should you file a 1099-NEC or 1099-MISC form this year?

Should you file a 1099-NEC or 1099-MISC form this year?

Prior to 2020, Form 1099-MISC was standard for non-employee compensation (NEC). This is no longer the case. Beginning with tax year 2020, employers should use Form 1099-NEC to report non-employee compensation. Here’s what you need to know to file correctly by the 1099...
Must-have Tax Preparation Checklist For Your Business

Must-have Tax Preparation Checklist For Your Business

Every year, the same thing happens as tax season looms: we get a bunch of last-minute, frantic clients worried about getting their taxes paid on time. They throw us every document they can find, get frustrated when we ask follow-up questions and request additional...