Articles and Tax Tips

TAX TIP OF THE WEEK: Best Practices For Dealing With Sole Proprietors/Single-Member LLC's That Provide EIN's On The W-9

It happens all the time.

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THIS MONTH'S SUBSCRIBER ARTICLE: Breaking Down the New April 2025 Forms 1099-NEC and 1099-MISC

The new April 2025 Forms 1099-NEC and 1099-MISC have been finalized.

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TAX TIP OF THE WEEK: When You Are Required to File Forms 1042-S Electronically

Whether you can still file a Form 1042-S on paper has been a hot topic of late (given the approaching filing deadline).

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TAX TIP OF THE WEEK: The 1042-S Income Code That Should Be Used When a Foreign Vendor Claims Business Profits Treaty Benefits on Advertising Services

IRS Form 1042/1042-S filing deadlines are fast approaching.

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THIS MONTH'S SUBSCRIBER ARTICLE: What To Do When You Performed 30% Withholding on a Form 1042-S Reportable Vendor Payment That Subsequently Had To Be Reissued

Form 1042/1042-S reportable payments of U.S. sourced income made to foreign vendors are never easy to handle.

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TAX TIP OF THE WEEK: Are Payments Made to Public Adjusters 1099 Reportable?

This week we wanted to look at an issue that has been coming up more and more - payments made to public adjusters and addressing the ongoing (and w

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TAX TIP OF THE WEEK: Sales and Use Updates For Early in 2025 - Part II

As promised here is Part II of our look into the expansive changes in Sales & Use reporting at the state level during the past six months.

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TAX TIP OF THE WEEK: Sales and Use Updates For Early in 2025 - Part I

Over the past decade U.S. states have been busy revamping their Sales and Use reporting rules. Here we are seven years removed from the U.S.

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THIS MONTH'S SUBSCRIBER ARTICLE: A Primer On The Form W-9's Line 4

You get back a Form W-9 from a vendor. One of the first things you notice is that line 4 has some strange numbers or letters in it.

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TAX TIP OF THE WEEK: Does Your Payee Have a Long Name? Tips Regarding Character Allowance By The IRS On A 1099's Name Line

Do you know how many characters are allowed by the IRS for the Line 1 name when you go to file your 1099?  If you don't, then would splitting the n

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