1099-Misc forms Must Be Filed by January 31st – Fines have Increased

Happy Tax Filing Season to my Small Business Owners,   This is just a friendly reminder that if you paid any person, vendor, or business order $600 or more throughout the entire year of 2016 for services performed, you are legally required to give them a 1099-misc form by January 31st, 2017.   The IRS …

Things Small Business Owners Do The IRS Calls “Negligence” and “Intentional Disregard”

Somewhere in the world of small business we've come up with clever ideas to keep the IRS from getting all of the tax dollars due to them.  I'm not sure why, but we think we can outsmart the highly trained and educated IRS auditor who makes his living investigating financial rabbit trails.  You should know …