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Sending Form 1099-Misc or Form 1099-NEC

Sending Form 1099-Misc and 1099-NEC (Beginning for tax year 2020, the IRS has created a new form called a Form 1099-NEC which replaces the use of Form 1099-Misc for Non Employee Compensation.  The rules and practices governing 1099-Misc blogged about below apply to...
How to Budget for the Holidays

How to Budget for the Holidays

The holiday season is upon us! This is the time to decorate your home, plan for trips, and finalize your gift getting. While the hustle and bustle is filled with good cheer, especially when paired with some hot cocoa and Bing Crosby tunes, it may also lend a bit of...