Alert: Look for New 1099 NEC Your 1099’s are coming soon
Virtually every small business, including sole-proprietors, must issue at least one 1099 each year. And this year there is a new one called the 1099 NEC. Here is a summary …
Are You a Contractor or Employee?
Are you an independent contractor or an employee? As the pandemic continues, many long-time employees are now picking up jobs as contractors. In the meantime, states like California are trying …
Reminder: Fourth Quarter Estimated Taxes Now Due
Now is the time to make your estimated tax payment If you have not already done so, now is the time to review your tax situation and make an estimated …
2021 Mileage Rates are Here! New mileage rates announced by the IRS
Mileage rates for travel are now set for 2021. The standard business mileage rate decreases by 1.5 cents to 56 cents per mile. The medical and moving mileage rates also …
Your Home. A Bundle of Tax Benefits.
There are many tax benefits built into homeownership. Here is a review of the most common. It may be worth a quick check to ensure you are maximizing your homeownership …