Do you know how the IRS defines which workers need a 1099? Do you know how to file them? Do you know what the penalties are for filing late or for ignoring them? If you're not on our newsletter list, here's what you missed.
1099s are to be postmarked by January 31st if mailing or submitted by January 27th if you are e-filing.
Why do I have to file a 1099 MISC?
The IRS requires businesses to send out Form 1099 MISC to small businesses or independent contractors to whom you paid $600 or more for services in the calendar year. You must send one to anyone you paid for services if…
Are you tired of chasing paperwork and people? Here's a sample story of how our favorite apps streamline bookkeeping tasks: Tom oversees building blitz projects for several locations during the summer months. He has to keep track of...
At HRBiz, we understand the importance of making every penny count. Our goal is your success, so when we find a new service that saves you time or money or both, we'll let you know. Our latest discovery for you? It's "Share A Refund" - they'll do the legwork to get you your refund on FedEx and UPS shipments. We particularly like that it is an approved QuickBooks app with Intuit!
Are you starting a small business this year? Are you looking for ways to minimize expenses? Would you like to outsource financial duties so you have more time for networking, product development, or other aspects that require your focus? Here is a great checklist.
In case you’d like an “inside” view of specifics we can do for you, here’s what our bookkeeping reps do for our current clients. These are examples of details we enter when we perform bookkeeping work for you:
Set up Chart of Accounts with owner
Update bank downloads and sync with the bank and credit cards ...