If you are a business who utilizes the services of independent contractors, freelancers, or other non-employees, 1099 forms are likely already on your radar. The same is true if you are one of those independent contractors or freelance workers. But, as with many tax forms, 1099s can be confusing. Read on for answers to the.
Starting your own business can feel daunting. I know — I started my own accounting firm nearly two years ago. Starting a business involves vast amounts of planning and preparation, and there are seemingly a million and one details to take care of…and that’s all before you even open your doors! It can feel like.
Cryptocurrency has gained a lot of interest all over the world in recent years. Both individual consumers and corporations are exploring the addition of cryptocurrency to their investment profiles, and some users are beginning to utilize cryptocurrency as a form of payment for goods and services. Since cryptocurrency is a relatively new and evolving technology,.
When I started my accounting firm in December 2019, I had no idea how much I’d learn in the weeks and months to come. After many years working in other accounting firms, I decided to start my own business in order to have more control over the services I offer and how I work with.
Getting a letter from the IRS can strike fear into the heart of any taxpayer. But there’s no need to panic. These letters are extremely common: in fact, the IRS sends millions of letters to taxpayers each year, and for a wide variety of reasons. Here’s what to do if the IRS sends you a.
S Corp Status: What it is, How to File, and How it Can Benefit Your Business Whether you just started your business or have been operating for some time as an LLC or a sole proprietorship, it may be beneficial to consider switching to an S Corporation (or “S Corp”). In this article, we’ll cover.
If you’re experiencing a delay in receiving your 2020 tax refund, you’re not the only one. While the normal processing time for an e-filed tax return is around 21 days (with many people seeing theirs sooner), right now some taxpayers are experiencing significant delays in receiving their refunds. There are many factors contributing to the.
The thought of saving for your child’s college education can be daunting. Higher education costs seem to rise more and more each year, and saving enough to send your child to college can feel like a steep mountain to climb. It can be difficult to know the best way to save or where to even.
If money stresses you out, you’re not alone. A recent study by the American Psychological Association reported that money is a significant source of stress for 64% of American adults (and the percentage was even higher for people in lower income categories). Financial stress, if left unchecked, can wreak havoc on our mental and physical.
As a CPA, I can do more for your business than file your taxes. From tax planning and preparation services to business accounting and serving in a business advisory role, I am equipped to come alongside you to help your business thrive. Accounting is all about interpreting information about a company’s finance and operations to.