There are a number of situations where you’ll have to create and/or file Form 1099s. Are you affected? If you’ve been sending Form 1099s for years, you’re probably already working on them or have completed them. If you receive them regularly, they should be on their way
Read more →The IRS recently announced mileage rates to be used for travel in 2015. The business mileage rate increases by 1.5 cents while Medical and Moving mileage rates are lowered by one cent. Charitable mileage rates are unchanged. Standard Mileage Rates Mileage Rate/Mile Business Travel 57.5¢ Medical/Moving
Read more →With the increased popularity of lotteries and casinos, more unsuspecting winners are experiencing a lucky payday only to end up with a huge tax head-ache when filing their income taxes. Here is what you need to know: Look for the warning signs You are required to report
Read more →So you’ve gathered all your paperwork, read up on the latest tax law changes that might affect you, and even purchased the latest tax software. You’re ready to file! Before you attach that stamp and drop your return in the mail, you may want to take another
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