New Form 1099-NEC and Revised 1099-MISC Deadline Are Approaching
Payers must complete Form 1099-NEC to report any payment of $600 or more to a recipient. Use Form 1099-MISC to report certain other payments to recipients.
Actually, a Recession is a Great Time to Launch That New Startup
Should entrepreneurs worry about a potential recession? Maybe not. The state of the global economy may not directly impact your startup.
PPP Loans Have Reopened: Let’s Review the Tax Consequences
The SBA announced that the PPP reopened the week of January 11. Are you wondering about the tax consequences of PPP loans received during the pandemic?
Employers Should Not Overlook Invisible Disabilities
Invisible disabilities can affect an employee’s ability to do his or her job. When overlooked or misunderstood, they might lead to employment conflicts.
Hiring and COVID-19: Check References, Resumés Carefully
Although many employers have let go employees during the COVID-19 crisis, others are hiring. If your company needs to fill positions, hire carefully.
The Enhanced Employee Retention Tax Credit (ERTC)
COVID-19 has caused widespread furloughs and layoffs. Fortunately, employers that keep workers on their payrolls may meet qualify for a refundable ERTC.
New Law Makes Changes to Business Meal Deductions and PPP Loans
The Consolidated Appropriations Act provides new relief to the pandemic. It also includes increases to business meal deductions and changes to PPP loans.