9 Bad Habits About To Ruin Your Bookkeeping This Year
Are you worried you might be engaging in some (really, really, really) bad bookkeeping habits? Perhaps some seem bad but not terrible---like overflowing, poorly organized filing cabinets. And perhaps others may be triggering red flags in your mind (is your check ledger sitting on your bookkeeper's desk right now?)
When Do You Need to Issue 1099s?
After failing to pay your taxes, failing to file the appropriate returns is the second easiest way to incur the wrath of the IRS. Your reporting obligations go beyond issuing W-2s to your employees. Many other outgoing payments should be reported on Form 1099.