Articles and Tax Tips

TAX TIP OF THE WEEK: One Solution For A Foreign Vendor That Won't Provide a W-8 After Work Has Begun

Most foreign vendors at this point understand the need to provide a completed Form W-8 at your request. Most, but not all.

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THIS MONTH'S SUBSCRIBER ARTICLE: 1099-K Tips For Organizations Making Vendor Payments Using Corporate Cards

IRS Form 1099-K reporting rules have been in considerable flux of late - mostly surrounding the threshold for reporting.

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TAX TIP OF THE WEEK: Final Reminder to Check or Get Those TCC's For E-Filing

For all the procrastinators out there - this is your last chance to get or update those TCC's (transmitter control code) so you can e-file Forms 10

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THIS MONTH'S SUBSCRIBER ARTICLE: How to Respond to the IRS Decision to Finalize the 2024 Form 1099-NEC Over The Holidays

Last fall the IRS released new Draft Forms 1099-NEC and 1099-MISC (dated January 2024).

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TAX TIP OF THE WEEK: 1099 E-Filer's Beware Of A Combined Federal/State Filing Trap

1099 filing season begins in a few weeks. Now is the time to do your final checks, and get ready to make the process as smooth as possible.

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TAX TIP OF THE WEEK: What To Do If The IRS Does Not Finalize The New Draft Forms 1099-NEC or 1099-MISC By January 2024 - December 11, 2023 Update!

This is a December 11, 2023 update to this previously published article (on November 29), doing so in light of today's release of

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TAX TIP OF THE WEEK: How To Identify When 1099-K Reporting Occurs vs. 1099-MISC or 1099-NEC

Last week the IRS again kicked down the road changes to 1099-K reporting thresholds.

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THIS MONTH'S SUBSCRIBER ARTICLE: New IRS 1099-K Filing Changes

On the cusp of filing season the IRS has done it again in making late-breaking change to Form 1099-K reporting.

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TAX TIP OF THE WEEK: What AP Needs to Know About the New October 2023 Form W-9

During the summer of 2023 the IRS rolled out a draft 2023 Form W-9 advance dated to October 2023.

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THIS MONTH'S SUBSCRIBER ARTICLE: IRS Updates Form 1042-S For March 2024 Filing

The IRS has certainly been busy.

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