Form 1099-NEC is due to vendors by Jan. 31 for payments made the preceding year to non-corporate independent contractors. The IRS requires form W-9 to
If you pay an individual (who is not an employee) or partnership for “services” rendered and the amount paid for the year is $600 or more, you must
With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also
Form 1099-MISC is due to vendors by Jan. 31 for payments made the preceding year to non-corporate independent contractors. The IRS requires form W-9
Maximum Monthly Amounts Remain at $270 The IRS has released Revenue Procedure 2020-45, which includes cost-of-living adjustments for employee
Rebuild VA Grant Fund (Rebuild VA) has expanded its eligibility criteria to allow more small businesses and nonprofits to apply. Any small business or
Borrowers and Lenders May Rely on the Guidance Provided in the New FAQs On Oct. 13, 2020, the Small Business Administration (SBA) published a new set
WASHINGTON — The Internal Revenue Service issued final regulations on the business expense deduction for meals and entertainment following changes
The IRS has updated the rules for using per diem rates to substantiate the amount of business expenses paid or incurred while traveling away from
The Paycheck Protection Program is an SBA loan designed to enable businesses to keep their workforce employed during the Coronavirus (COVID-19)