Issuing 1099 forms is probably one of the more confusing tax topics for small business owners. Businesses are required to issue 1099s to certain vendors and contractors to whom the business made payments of more than $600. The 1099 is
New Year, New Limits
Happy 2017! While we’re gearing up for the current tax season, it’s important to plan ahead for next year as well. Below are some of the key changes to IRS rates and limits for this tax year. Please note these