If you are a business owner, you have likely heard of Form 1099. It is a crucial part of tax compliance and should not be ...
Independent contractors have more tax leg work to do than salaried workers who receive pay from just one source. It is paramount you keep accurate records of your pay and expenses so you don’t run ...
It’s still the case that no threshold applies to payment card transactions—payment cards include credit, debit, or stored value cards such as gift cards. Also, for the 2025 tax year, the IRS requires ...
Last spring the Offices of Human Resources, and Procurement and Payment Services, embarked on an initiative to improve the appropriate classification of workers as either contractors or employees. On ...