Tax Pro Plus
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Los Angeles, CA 90064
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Ph: (310) 827-4829
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- 10 Tips for Better Budgeting…
- …and how QuickBooks Online can help you with the mechanics.
- Actually, a Recession is a Great Time to Launch That New Startup
- Many entrepreneurs are afraid to make a move during a recession – but these periods of downturn may actually be the ideal time to launch a new startup.
- Still Waiting for the IRS to Cash Your Check?
- During the COVID-19 pandemic, the IRS has furloughed many of its employees or had them work from home to mitigate the spread of the virus. Many IRS offices remained shuttered for months, and a backlog of millions of pieces of unopened mail accumulated in trailers set up outside IRS facilities.
- Video: Do You Know that Unemployment Benefits Are Taxable?
- The unemployment benefits you receive in 2020 are subject to federal and state taxes. Watch this video to be better prepared.
- Ready for the 1099-NEC?
- The Internal Revenue Service has resurrected a form that has not been used since the early 1980s, Form 1099-NEC (the NEC stands for non-employee compensation). This form will be used to report non-employee compensation in place of the 1099-MISC, which has been used since 1983 to report payments to contract workers and freelancers. Form 1099-MISC has also been used to report rents, royalties, crop insurance proceeds and several other types of income unrelated to independent contractors.
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