1099 in early 2022 is a hot topic. It’s all over the news and the world is freaking out about 1099s. Remember, the IRS changes the rules all the time.
073: 1099 Reporting & New Laws for 2022
1099 in early 2022 is a hot topic. It’s all over the news and the world is freaking out about 1099s. In this episode, we want to lay the foundation again and remind everyone, whether you’re new or old, whether you’ve been in business for a while or are just getting started, what a 1099 is.
Top 12 Questions When Hiring An Accountant
Year-end is the perfect time to decide if you’re with the right accounting partner. Here are the top 12 questions you should consider asking when it’s time to hire an accountant, tax preparer, or accounting team for your business.
Contractors and Prep for Year-End 1099s
As a business owner, you can’t just skip payroll conversations, and that includes the year-end 1099s.
Preparing for Year-End 2020 Payroll Early
When it comes to year-end payroll, it’s better to be early than late. And your payroll processor wants you to do this early as well.
How The IRS Defines W2 Employees and 1099 Contractors
If you’re like a lot of ecommerce business owners we’ve worked with, you’ve probably avoided hiring anyone in your business until you absolutely have to. Hiring strategically is important. However, deciding how to classify your new hires can be ambiguous at times.
Best Practices For Managing 1099 Vendors In Your Online Business
Do you know which of your vendors require 1099-MISC instead of a W-2? (Hint: It’s not just independent contractors!) How about the best way to make sure 1099-MISC filings don’t bog you down at year-end? Or who and where the copies are supposed to be sent? Find all this out and more in our latest blog post.
Got a Tax Notice? Don’t Freak Out–It Might Not Be the Truth!
Our tax expert reveals the mysterious relationship between your money and the tax system …and what it means for you! Dear Marilyn, I keep getting phone calls from someone claiming to be the IRS saying that I owe the government money. They had quite an elaborate story and really had me going…thought I was headed…
Should You Hire in the New Year?
One of the biggest costs you can absorb when starting and growing your business is payroll. The learning curve on training someone is big, so if you’ve made the wrong hire, you’re going to have to start all over again with somebody else. The process gets expensive quick because you waste time and energy on all kinds…
Business Financial Considerations to Remember for the New Year
Want to grow your eCommerce business in 2018? Learn what financial considerations can help you reach your full potential.