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Why You Should E-file Your Taxes

Why You Should E-file Your Taxes

E-filing your tax return means submitting your tax returns electronically as opposed to mailing a paper copy of your return to the taxing authorities. In 2020, approximately 95% of returns were e-filed and that value is only expected to increase in 2021. In fact in...
IRS Update: New Form 1099-NEC

IRS Update: New Form 1099-NEC

If you are a business owner who has worked with subcontractors or freelancers, you’ve been using Form 1099-MISC to report your payments. Starting with the 2020 tax filing season, that will no longer be the case. Instead, you’ll now be filing Form 1099-NEC. WHAT ARE...
The Top 5 COVID-19 Scams in 2020

The Top 5 COVID-19 Scams in 2020

The coronavirus pandemic has no doubt turned our world upside down. While it seems that life as we know it has changed, one aspect of life hasn’t – the prevalence of scammers. And as times get harder, victims will become more and more vulnerable to their...