Nonprofits must stay compliant and aware of their tax responsibilities when legally engaging with independent contractors. IRS reads employees and independent contractors differently, so Non-profits must be conversant with 1099
Nonprofits must stay compliant and aware of their tax responsibilities when legally engaging with independent contractors. IRS reads employees and independent contractors differently, so Non-profits must be conversant with 1099
If you sell stocks, bonds, commodities, or other investments through a broker, you must be familiar with Form 1099-B. This form is used by the Internal Revenue Service (IRS) to
The dreading thought of the Internal Revenue Service (IRS) sending B-notices and proposed penalties to businesses can be greatly minimized with TIN matching. Learn how to use TIN matching to
Employment laws protect workers, but they can also create a lot of headaches for startups who don’t know the ins and outs of them. As an entrepreneur or startup, it
Being a small business owner comes with many responsibilities, one of which is understanding 1099s. Because 1099s are an important part of filing taxes, it’s essential to understand what they
The Internal Revenue Service (IRS) classifies workers into two categories. 1099 and W-2 employees have different rights, responsibilities, and tax implications. As a business owner, understanding the differences can help
When running a successful financial business, compliance, and regulatory practices are key. However, staying up-to-date on the latest trends in fintech compliance and regulatory practices can be challenging. To help
Tax credits are one of the most valuable tax savings benefits available to businesses, but many employers don’t take full advantage of them. Understanding tax credits and the opportunities they
The freelance workforce is an integral part of the modern economy. With the rise of the gig economy, more and more people are working as independent contractors. However, figuring out
One of the most essential elements of making payments to consultants and contractors is collecting accurate W-9 information. This process can be laborious, especially if it’s done manually, and even