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...
