Certified Public Accountants (CPAs) and tax preparers can both help you file your business tax return, but knowing their advantages and limitations will help you choose the right level of support for your business. When deciding between CPA vs. tax preparer, consider...
The size of your business and the complexity of its finances often dictate how arduous tax season will be when it comes time to gather the necessary records. You may need a few weeks, or you may need to start thinking about tax season starting in Q4. Everyone,...
Don’t let tax season sneak up on you. From bank statements to payroll, there are a number of critical documents your tax preparer will need to report your company’s income and help you maximize your deductions and tax credits. The more thorough a picture you paint of...
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...
