1099-MISC/W-2 Reporting Info

1099-MISC/W-2 Reporting Info2018-04-13T17:50:27-04:00

How does the government shutdown effect reporting W-2/1099-MISC for your business?

January 9th, 2019|

Do you have questions about filing W-2/1099-MISC during the shutdown? The IRS has less than 12% of its staff available during the shutdown and they stopped phone support all together. Even though the shutdown is in full swing, there is no indication of the IRS allowing for 1099-MISC extensions since

TIN Verification Services – Did your contractor provide you with the correct info on their W-9?

August 27th, 2018|

For most of us that that hire contract labor, we typically send our contractors a W-9 and use that information to issue them a 1099-MISC at the end of the year - pretty simple! However, did you know that if you report that 1099-MISC to the IRS with incorrect information

Hire a contractor for your business this year!

July 26th, 2018|Tags: , , , , , , |

Not every aspect of your business requires a permanent employee. For many business owners, hiring a contractor is a great way to execute tasks that require skilled labor or short-term support. Need a logo designed, a cleaner, a consultant, or someone to develop a marketing plan or decorate your store?

E-Filing Tax Forms with Wagefiling: Just How Much Will It Save You?

November 27th, 2017|Tags: , , , , , , , , , |

Since the time businesses began having to report employee and contractor wages to the IRS and SSA, filing has been a bit of a hassle. Let us paint you a picture here. In the beginning, business owners would have to order W-2/1099 forms and software from a catalog (using a

W-2 vs. 1099: What’s the Difference and Why Does It Matter?

November 3rd, 2017|Tags: , , , , , , , , , |

Having just reached the start of November, tax season may still be the furthest thing from your mind. The truth is, it shouldn’t be. As a small business owner, taxes and specifically, the forms associated with them, are crucial to have on your radar all year long. Equally as important

Tips for Filing Your Taxes for the Very First Time

August 10th, 2016|

Tips for Filing Your Taxes for the Very First Time   You’re fresh out of school and actually working for the very first time. The end of the year is here, and suddenly you are faced with filing your taxes for the very first time in your young life. Don’t

The Pros and Cons of Filing Taxes Online

August 3rd, 2016|

The Pros and Cons of Filing Taxes Online   In today’s modern world, you no longer have to head to your local tax office and wait forever for an agent to file your taxes for you. Today, you can simply get online and with a few keystrokes and the click

Time Management Tips for Small Businesses

July 27th, 2016|

Time Management Tips for Small Businesses   If you are just starting out in your small business, then you already know that you are going to have to wear many hats, work long hours, and refrain from pulling out your own hair at times. What many small business owners don’t

Top Tips for Hiring for Your Small Business

July 20th, 2016|

Top Tips for Hiring for Your Small Business   When you start your own small business, many times you don’t think of things such as filing your taxes at the end of the year or even the best way to hire a few people once that business grows enough for

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