Overview: Learn what accounting software is best for small businesses and startups It’s been 2 years since we bid goodbye to Covid, but the horrors continue to haunt our economy. Congress has passed legislation to lift the enterprises, but the effects of the virus...
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...
Do You Need Bookkeeping Services? Bookkeeping may be one of the most critical aspects of running a good business, but it regularly gets overlooked. It isn’t the flashiest aspects of running a business. Most often people are focused on their product, their location,...
Over the past few years many of you have enjoyed having 24/7 access to your important tax documents through the secure online accounts we provide to each of our clients. The client accounts accessible from our website, https://prospecttax.com, provide a convenient way...
