January 11, 2016
Aileen Gilpin
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With February 1st approaching, it is time for 1099 filing. There is a need for attention to details and avoidance of possible mistakes as you fill the form 1099. There are penalties for every form that you fail to send out before February 1st ends, with the penalties increasing with each passing day.
January 1, 2016
Aileen Gilpin
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I find that the beginning of the New Year is the perfect time to do an employee record keeping check-up. With all that you do, setting aside a designated day and time to review processes and documentation may seem a luxury you cannot afford, however, scheduling a regular human resource audit can save you a…
January 1, 2016
Aileen Gilpin
No comments exist
In follow up from Things to Keep in Mind with Independent Contractors, I thought it would be appropriate to write about 1099s because of the time of the year, 1099s are due January 31!
The end of the year is a traditional time for employers to give gifts to their employees. While it is customary to think of gifts as having no tax consequences for the recipient, the IRS does not treat all gifts the same.
For most people, the holidays are a happy time – but the jolly feeling may be particularly strong for a small business that is looking forward to hearing the jingle of the cash register, notching up Christmas sales to be recorded by their accounting software.