Taxes

This article was last edited on 1/17/2020. For updated information on information return penalties, visit Increase in Information Return Penalties. If you pay employees or independent contractors, you’ll need to…

This article was last edited on 02/18/2020. For updated information on Form W-9, visit https://www.irs.gov/forms-pubs/about-form-w-9. You’ll use Form W-9 is used to request the taxpayer identification number (TIN) from any person or…

This article was last edited on 1/3/2020. For updated information on 1099-MISC account numbers, visit https://www.irs.gov/forms-pubs/about-form-1099.  If you’re filing a 1099-MISC form for an independent contractor, you might be wondering what to include as the account number. The…

This article was last edited on 11/5/2019. For updated information on tax due dates, visit https://www.tax.gov/calendar/. Make sure you don’t miss any tax due dates by going ahead and marking your…

The information in this article is current through tax year 2018. You’ve probably heard a lot about the Tax Cuts and Jobs Act and how it could change your personal…

This article was last edited on 9/30/2019. For updated information on Form 1099-K, visit https://www.irs.gov/pub/irs-pdf/f1099k.pdf. Form 1099-K is used to report certain types of transactions to the IRS. It reports…

This article was last edited on 12/26/2019. For updated information on payroll taxes, visit https://www.irs.gov/forms-pubs/about-publication-15.  A lookback period is the timeframe used to calculate an employer’s total payroll tax liability. The IRS then uses that info…

Tax season will be here before you know it, but don’t wait until then to start preparing. If you wait until tax season starts, you’ll be scrambling and hoping you…

Is your company a business, or is it still just a hobby? The IRS has strict guidelines about what activities constitute a business. Whether you’re a business will have an…

This article was last edited on 02/17/2020. For updated information on state sales tax and economic nexus, visit the state’s revenue department. If you sell products online or otherwise sell to multiple…