consultant

Changes to Forms 1099

The most significant change to Form 1099 in 2020 is the breakout of NEC from Box 7 of Form 1099-MISC to its own Form 1099-NEC. NEC still includes payments of …

2019 tax planning checklist man

2020 Tax-Planning Checklist

It’s never too early to start organizing information for your tax return. However, fall is a great time to really focus on this effort. One thing we recommend is to …

Important Updates

May 2021 May 20: IRS begins correcting tax returns for unemployment compensation income exclusion May 17: Monthly Child Care Tax Credits Begin Mar. 2021 March 25: Paycheck Protection Program (PPP) …

tax extension

Tax Extension FAQs

I’ve heard people talk about getting a tax extension, but I’m unsure why. What are the benefits? And, will I be audited if I do extend? Here are the frequently …