If your business paid an independent contractor $600 or more in 2019, you need to file a 1099-MISC by January 31st. Failure to do so can result in a penalty.
While these occasions can be stressful or ecstatic, there are some major tax complications involved.
The “Money Talks” experts take a deeper dive into the SECURE Act and how it affects businesses and individuals.
The “Money Talks” experts discuss what you should do if you’ve missed your required minimum distribution for 2019 and how the SECURE Act changes RMDs going forward.
Curious about this hot retirement trend? While it can lead to an early retirement, it does require careful planning, savvy saving and investing habits, and potentially big sacrifices.
One minute, you’re minding your own business and aren’t even thinking about that return you filed months ago. The next minute you open your mailbox and see something called a “Notice of Deficiency”—and your anxiety immediately goes through the roof.