You go to check your mail like you do any other day. But this time, you feel your heart skip a beat as you reach into the box. Sweat laces your brow. There on the envelope in your hand are the letters “IRS.” Except in cases where you are the one who reached out to…
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What You Should Know About 1099s
If you run a business which occasionally relies on independent contractors, then you probably are at least aware of the existence of 1099s. You might already use them regularly. But many businesses find 1099s to be a source of uncertainty, which is quite understandable considering that even over recent years, there have been some changes…
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Tax Compliance: Documents Needed when Filing a Tax Return
Being an abiding citizen of the country means that are you are following the laws and regulations and that you are doing your responsibility as a citizen. Among your responsibilities is to pay your tax on a yearly basis. The extent to which you comply with the tax law of the country is known as…
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