Articles and Tax Tips

TAX TIP OF THE WEEK: New 1099 Validation Tips for Using the IRS Tax Exempt Organization Search Tool

Hopefully you are using the IRS Tax Exempt Organization Search Tool (TEOS) to validate payee claims of being tax-exempt prior to

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TAX TIP OF THE WEEK: Paper 1099 Filing Tips

Most Accounts Payable professionals do the majority of their 1099 filing electronically - either directly via the IRS FIRE system or through a thir

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TAX TIP OF THE WEEK: What Are Online Fillable Forms 1099?

We are so used to filing Forms 1099 either electronically via the IRS FIRE (File Information Returns Electronically) System, via a third-party fili

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THIS MONTH'S SUBSCRIBER ARTICLE: 1099 Payments Subject to Backup Withholding

As noted in last week's blog post, the IRS has been on a heavy enforcement push regarding 1099 reportable payments.

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TAX TIP OF THE WEEK: Watch Out For This Crucial Form 1042 Filing Mistake

Filing season is upon us. If you have been making TY2019 payments of U.S.

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TAX TIP OF THE WEEK: Michigan Expands Reach of Sales and Use Tax

On December 4, 2019 the state Senate approved and sent to Governor Gretchen Whitmer legislation (who is expected to promptly sign the bill into law

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THIS MONTH'S SUBSCRIBER ARTICLE: IRS Clarifies W-2/1099 Reportable Reimbursements and Per Diem Methodology for 2020

In November 2019 the IRS finally updated its guidance in relation to the usage of per diem rates to substantiate the amount of a payee's expenses f

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TAX TIP OF THE WEEK: Our Analysis of the Brand-New November 2019 Final Forms 1099-NEC and 1099-MISC

On November 20, 2019 the IRS issued a Final 2020 Form 1099-NEC – following up on last summer’s draft form.

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TAX TIP OF THE WEEK: What You Need to Know About Last Week's IRS Announced B-Notice Changes

On November 14, 2019 the IRS announced changes to the B-Notice program.

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THIS MONTH'S SUBSCRIBER ARTICLE: Fringe Benefits, The Working Condition 1099/W-2 Reporting Exclusion and Your Worker

This month let's take a real-world situation that can better highlight for you the potential applicability of the working condition exclusion to a

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