updates
Does 1099 affect W-2?
Form W-2 employees can use their income tax withholdings to cover any tax due on their earnings as independent contractors. If your withholding is not ade...
Jul 24, 2026 • 1 READS
news
When do I have to report payments to an independent contractor?
For each independent contractor you paid $600 or more during the year, you must report the total amount paid on Form 1099-NEC, beginning with the 2020 tax...
Jul 24, 2026 • 1 READS
general
How long can Non-residents stay in Australia?
The visa allows for multiple visits, i.e. you will be permitted to leave and re-enter Australia as frequently as you like during this 12 month period. You...
Jul 24, 2026 • 1 READS
news
How do startups distribute stocks?
Dividing equity within a startup company can be broken down into five simple steps: Divide equity within the organization. Divide equity among company fou...
Jul 24, 2026 • 1 READS
news
What is your payer federal ID number?
PAYER’S federal identification number is most likely your personal Social Security Number. It could be your Employer Identification Number, but if you are...
Jul 24, 2026 • 1 READS
updates
How is Nexus determined?
Wayfair, paved the way for states to compel out-of-state businesses to collect and remit sales tax even when they do not have a physical presence. This is...
Jul 24, 2026 • 1 READS
general
What is a good sentence for claim?
Noun She makes the claim that sea levels will actually go down. He made false claims about his past job experience. You’ll need to file an insurance claim...
Jul 24, 2026 • 1 READS
updates
Do tax credits reduce tax liability?
Tax credits directly reduce the amount of tax you owe, giving you a dollar-for-dollar reduction of your tax liability. A tax credit valued at $1,000, for ...
Jul 24, 2026 • 0 READS
updates
What does it mean to be an affiliate of a nonprofit?
Increasingly, nonprofits are creating affiliate organizations such as entities to hold real property, taxable subsidiaries that run unrelated businesses, ...
Jul 24, 2026 • 1 READS
news
How long after acceptance do you get your tax return?
Typically, the IRS expects to issue nine out of 10 tax refunds within 21 days after acceptance. However, we are seeing delays from this normal timing. Mai...
Jul 24, 2026 • 1 READS
