Articles and Tax Tips

THIS MONTH'S SUBSCRIBER ARTICLE: What AP Need to Look For When Validating An Electronically Signed W-9

First off, when looking at signatures and the W-9 note that most are not required to be signed.

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TAX TIP OF THE WEEK: How to 1099-NEC Report a Vendor With Two Different DBA's

This week we wanted to highlight a 1099-NEC reporting issue that can often cause trouble if you don't know what to do.

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THIS MONTH'S SUBSCRIBER ARTICLE: An Update on Proposed Rules Regarding Partnerships and 1042-S Filing

Partnerships currently face quite convoluted rules when it comes to Form 1042-S reporting.

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TAX TIP OF THE WEEK: A Plain English Explanation of IRS Form 1042-S Filing Codes

The IRS Form 1042-S is a tax form used to report payments made to Non-U.S.

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TAX TIP OF THE WEEK: The Steps You Must Take Now If You Want to E-Deliver 1099 Statements to Your Payees

Filing season is around the corner. That also means payee statement season is also coming.

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THIS MONTH'S SUBSCRIBER ARTICLE: What Your Accounts Payable Department Needs to Know About the New IRS Final 1099/W-2 Reporting Rules Regarding Business Entertainment Versus Business Meal Reimbursement

On September 30, 2020 the IRS issued final regulations regarding the business expense deduction f

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TAX TIP OF THE WEEK: What You Need to Do To Get 1099-MISC and 1099-NEC Extensions to File And The Traps You Must Avoid When Attempting It

Last month (August 2020) the IRS issued a new Form 8809 for getting extensions to file certain information returns.

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TAX TIP OF THE WEEK: Clearing Up The Confusion Surrounding How To Report Payments In The New 1099-MISC Box 7

The new Form 1099-MISC Box 7 is creating quite a bit of confusion regarding how to report payments made to direct sellers.

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THIS MONTH'S SUBSCRIBER ARTICLE: Is It A Good Idea to Outsource Your B-Notice Processing Duties?

Processing an IRS Form CP2100/CP2100A "B-Notice" is a huge pain in the neck.

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TAX TIP OF THE WEEK: IRS Updates Second B-Notice Processing Procedures for 2020

Here we are on the eve of the fall B-Notice season and if you have not as of yet noticed the IRS has updated their B-Notice processing procedures f

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