It’s about time! There’s finally more clarity to help your company correctly deduct certain business expenses on your tax returns.
Here’s new insight for your finance department on how to compliantly reimburse delivery drivers for their mileage expenses.
Though the 1099-NEC was revived to simplify year-end filing, there’s one aspect that will make things more complicated for your finance team.
As year-end inches closer, there’s one surefire way CFOs can guarantee more accuracy for information returns: IRS’s TIN Matching tool.
Remind Finance to stay sharp! IRS recently sent out its latest round of notices with proposed penalties for information return errors.
Despite the hectic times finance departments are in right now, fall unclaimed property deadlines are still coming up fast.
Heads up! IRS recently published proposed regulations with guidance on the deduction of qualified transportation fringe expenses and commuting expenses.
To avoid costly interest and penalties, filing unclaimed property accurately and timely is now even more important for companies.
Heads up, CFOs. IRS has officially unveiled the new Form 1099-NEC, which your finance staff will use to report nonemployee compensation.