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Businesses: Get Ready For The New Form 1099-NEC
There’s a new IRS form for business taxpayers that pay or receive nonemployee compensation. Beginning with tax year 2020, payers must complete...
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Tax Updates & Compliance
California Tax Updates for July 8th
Post 1: Interest rates set on overdue payroll tax in California. For the period beginning July 1, 2020, through Dec. 31, 2020,...
After You File Your Tax Return: 3 Issues To Consider
The tax filing deadline for 2019 tax returns has been extended until July 15 this year, due to the COVID-19 pandemic. After...
Some People Are Required To Return Economic Impact Payments That Were Sent Erroneously
The IRS and the U.S. Treasury had disbursed 160.4 million Economic Impact Payments (EIPs) as of May 31, 2020, according to a...
Haven’t Filed Your 2019 Business Tax Return Yet? There May Be Ways To Chip Away At Your Bill
The extended federal income tax deadline is coming up fast. As you know, the IRS postponed until July 15 the payment and...
SBA Reopens EIDL Program To Small Businesses And Nonprofits
Just last week, the Small Business Administration (SBA) announced that it has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance...
