Highlights of spending package’s tax law changes The federal government spending package titled the Further Consolidated Appropriations Act, 2020,
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
As we face the last quarter of 2019, SIMA continues its commitment of informing our clients of new and existing laws that are relevant to them.
The IRS continues to encourage taxpayers to review the amount of tax they have withheld to avoid an unexpected tax surprise when they file their 2019
WASHINGTON — Buying a home? Working a summer job? Volunteering? Activities that are common in the summer often qualify for tax credits or deductions.
IR-2019-104, June 5, 2019 WASHINGTON – Although the April filing deadline has passed, scam artists remain hard at work, and the IRS today urged
The Tax Cuts and Jobs Act (TCJA), which passed in December 2017, made fundamental changes to the U.S. tax code, and 2018 returns were the first time
A tax credit for wages paid to employees taking FMLA leave may generally be taken by employers who have a written paid family and medical leave policy
