#1099

Apr 21, 20172 min read

What to Expect with Cancelled Debt

If a creditor discharged $600 or more of debt and you received a Form 1099-C, you may be required to report the debt discharge as income...

Jan 4, 20171 min read

Breaking News! New Filing Requirements for ALL Business Owners

Due to a provision in the Consolidated Appropriations Act passed by Congress, the filing deadlines for employer copies of Forms...

Oct 7, 20152 min read

What Is The Difference Between an Independent Contractor and an Employee

Are your workers considered by the IRS to be employees or independent contractors? How a worker is classified depends mainly on the...