All employers should be alert to a dangerous Form W-2 email scam. It's a threat to tax data and to your workers. These emails appear to come from someone in authority. They may say something like, "I'm analyzing some reports and need a copy of our W-2s for last year. Please send ASAP." Once the W-2s [...]
This article was published by the IRS. The Internal Revenue Service has issued a reminder that employers who offer educational assistance programs can also use them to help pay for their employees’ student loan obligations through Dec. 31, 2025. Though educational assistance programs have been available for many years, the option to use them to pay [...]
Did you know that you can make some corrections to your 1099s in QuickBooks Online even after filing them with the IRS? QuickBooks Online supports corrections for 1099 boxes, box amounts, form types, and contractor info. The IRS must accept the original filing before you can submit a correction. Watch this video for instructions on how [...]
Whether you're a seasoned sole proprietorship or just starting out with your self-employed small business, learn how to manage your business expenses and maximize your tax deductions with QuickBooks. In this video, learn tips on how to stay ready for tax time with organized books year-round, so it's easier to watch out for potential self-employment tax [...]
It's an unfortunate reality that some businesses must permanently close their doors. If this happens to you, there are some tax-related steps you'll need to take. Here's a quick checklist of some things to do: First, if your business is no longer operating, you still need to file all final tax returns for your business by [...]
