If your business paid an independent contractor $600 or more in 2019, you need to file a 1099-MISC by January 31st. Failure to do so can result in a penalty.
While these occasions can be stressful or ecstatic, there are some major tax complications involved.
The term “identity theft protection service” can be misleading. Before you sign up, make sure you understand what service is provided.
As a business owner, you should carefully consider the advantages of establishing an employer-sponsored retirement plan. Generally, you’re allowed a deduction for contributions you make to an employer-sponsored retirement plan. In return, however, you’re required to include certain employees in the plan, and to give a portion of the contributions you make to those participating…
The SECURE Act represents the most sweeping set of changes to retirement legislation in more than a decade. How will it affect you?
People make financial decisions all the time, and sometimes these decisions don’t pan out as intended. Hindsight is 20/20, of course. Looking back, would you change anything?
Would you take on a 30-day challenge to spend money only on necessities such as rent, utilities, and groceries? During a no-spend month, many common activities—including dining out, buying movie or concert tickets, and shopping for clothes—are avoided at all costs.