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Form 1099-NEC vs 1099-MISC
In 2020, the IRS introduced Form 1099-NEC for reporting nonemployee compensation. Learn about Form 1099-NEC and how it differs from Form 1099-MISC.
Consolidated Appropriations Act, 2021
On December 27, 2020, the President signed the Consolidated Appropriations Act, 2021 into law. In this video, we cover the major provisions of the $900 billion stimulus relief package that affect businesses and individuals.
2020 Year-End Tax Planning for Individuals
As the end of the year approaches, it is important to consider strategies to lower your tax liabilities for 2020. In this video, we’ll cover ten strategies that may help in reducing your tax bill.
2020 Year-End Tax Planning for Businesses
As the end of the year approaches, it is important to consider strategies to lower your tax liabilities for 2020. In this video, we’ll cover strategies that may help you reduce taxes on business income.
Pour-Over Will
Does your estate plan include a trust? If so, you should know about an estate planning tool called a Pour-Over Will which helps ensure that all assets are moved into a Trust after an individual’s death.
Guidance on PPP Loans of $50,000 or Less
In October of 2020, the SBA and Treasury released an Interim Final Rule that makes it significantly easier for businesses with Paycheck Protection Program loans of $50,000 or less to receive forgiveness. Watch now to learn the details.
What if your customer files bankruptcy
It’s something every business owner hates to hear – your customer filed for bankruptcy. In this video, we’re going to provide information about the bankruptcy process to help you with your recovery efforts.
2020 Mid-Year Tax Planning Tips
Although the deadline for filing 2019 taxes may have just passed in July, it’s already time to think about your 2020 taxes. By looking at your tax situation now, you’ll be able to better plan and implement strategies to minimize your future tax liabilities.
Executive Order Payroll Tax Deferral
On August 8, 2020, President Trump signed an executive order directing the Secretary of the Treasury to permit employers to defer certain payroll tax obligations. Watch now to learn about the Order and the payroll tax deferrals.
Changes to Form 941
Starting with the second quarter of 2020, employers will have to use the newly revised Form 941, the Employer’s Quarterly Federal Tax Return. This revised form enables employers to report wages, credits and deferrals related to the CARES Act and the Families First Coronavirus Response Act. Watch now to learn about the changes to the form.











