What is 1099 form? 1099 Form is the form that is issued to non-payroll employees or that falls in the non-W2 category. 1099 form is further categorized into two types: 1099-MISC The 1099-MISC form is used to report miscellaneous income paid to an individual or unincorporated business in a calendar year. This includes income from …
by Kayn Ars 
When a firm is acquired, Form 8594 is an essential form that needs to be carefully filled out. The purchase price is divided using this form between the assets and liabilities acquired during the transaction. It assists in calculating the tax implications for both the buyer and the seller. What is Form 8594, and Why …
by Kayn Ars 
A Guide for Businesses In today’s rapidly evolving digital landscape, businesses must continually invest in their digital presence to remain competitive. However, it can be challenging to measure the value of these investments. How do you know if your digital investment is paying off, and how can you get the most bang for your …
by Kayn Ars 
Navigating a Rapidly Evolving Landscape The retail industry has undergone significant changes in the last few years, and the pace of change is only accelerating. The COVID-19 pandemic has brought about a fundamental shift in consumer behavior, with many customers turning to e-commerce and digital channels for their shopping needs. As we look ahead …
by Kayn Ars 
Just a reminder that if your business is registered as an S Corporation, a Partnership or an LLC that is taxed as a partnership or S Corporation, your tax returns are due on March 15, not April 15. Failing to file on time may result in penalties starting at $220 per owner and doubling the …
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