A 1099-MISC form is used to file information on compensation paid to various individuals and entities in the previous calendar year. This form is NOT to be used for wages and salaries paid to employees. Due Dates:1099s are to be mailed to your vendors and sub-contractors, post-marked by January 31st each year. The IRS portion of the 1099-MISC must [...]
“I HATE ACCOUNTING ! ” Not many business owners tell me how much they ‘love’ accounting. In fact, it’s usually quite the opposite. People who own a business typically are in love with their trade and often loath the numbers part of running the business. The hard truth is, you simply can’t minimize the importance [...]
May we begin by hoping that you have enjoyed your Thanksgiving holiday and are now gearing up to get back into the swing of things. As we pass into the month of December and work to stay focused with our business tasks through the next holiday season we must add bookkeeping to the list of priorities. [...]