Archive for January, 2012

1099′s compliance for 2011 Tax Year

Small business owners have only a few days to still be in compliance with the Internal Revenue Service command to send out Form 1099-MSC, by the close of business January 31, 2012 for the 2011 calendar year. These forms must be sent to each person that you paid more than $600 to during the calendar [...]

Tax Time Again!

  It is that time of year again where you need to make end of the year tax preparations. Filing an accurate return is critical if you do not want to receive any letters from the IRS. There are a few tips in this article to save you from being noticed by the IRS.   [...]