Uncertain About the Reporting Deadlines for BOI? This Article Will Bring You Up to Date
The Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements are facing legal and legislative challenges, leaving the filing deadlines uncertain. Find out what’s happening, what it means for your business, and how you can prepare for potential changes.
2025 Annual Limits Relating to Financial Planning
Stay ahead of the game with our handy 2025 Annual Limits Relating to Financial Planning—your go-to resource for all the key numbers and annual limits that impact your financial strategy. This comprehensive PDF includes updated tax brackets, retirement contribution limits, Social Security figures, gifting exclusions, and more.
Don’t Let 1099s Slip Through the Cracks: A Guide for Small Businesses
Issuing 1099s might not be glamorous, but it’s essential for small business compliance. Learn the rules and how we can help you stay on track.
You May Receive a Form 1099-K This Year: What It Means for Your Taxes
The IRS is adjusting how it tracks online payments and e-commerce income, with significant changes to Form 1099-K thresholds. Starting in 2024, transactions totaling $5,000 or more will trigger a 1099-K form, with further reductions planned in the coming years.
Nuances of Deducting Business Meal Expenses
Navigating the rules for meal expense deductions can be tricky, but understanding the 50% rule and its exceptions can help your business maximize deductions while staying compliant.
Amazon and QuickBooks Announce Team Up to Simplify Finances for Sellers
Amazon and QuickBooks are teaming up to simplify financial management for third-party sellers. This powerful partnership will sync sales data, simplify tax prep, and provide real-time insights.
Unlocking Cash Flow from Tax Credits: A Hidden Advantage for Small Businesses
Cash flow is the lifeline of your business, but did you know tax credits could be the boost you need to fuel growth? Learn how to unlock powerful tax credits that keep more cash in your business and support sustainable growth.
How to Prepare for Your Year-End Financial Review: A Guide for SMBs
Wrap up the year strong with a financial check-up for your business! A year-end review is more than a routine task—it’s a chance to boost profitability, improve cash flow, and set the stage for growth in the coming year.
Managing Contractor Payments and 1099s the Easy Way with QuickBooks Online
Ready to hire independent contractors? The flexibility can be a game-changer, but don’t skip on IRS compliance! QuickBooks Online simplifies this process, making it easier to manage payments and tax reporting.
Hiring Seasonal Employees: What SMBs Need to Know About Payroll Taxes
Bringing on seasonal employees for the busy season? Don’t forget about payroll tax obligations! Learn how to stay compliant with essential tips on managing payroll taxes, proper worker classification, and more.