This article was published by the IRS. September is National Preparedness Month. With the height of hurricane season fast approaching and the ongoing threat of wildfires in many places, the Internal Revenue Service urges everyone to develop an emergency preparedness plan, or if they already have one, update it for 2022. Everyone, from individuals to organizations [...]
Many small business owners in MA don't fully understand their tax responsibilities. This video will help teach small business owners about tax compliance, which may include sales and use taxes, including meals taxes, and withholding taxes for your employees. Taxes can be filed and paid through the MA DOR's web-based application once you register. You can [...]
This article was published by the IRS. To help address COVID-related labor shortages, the Internal Revenue Service is reminding employers that they generally will not jeopardize the tax status of their pension plans if they rehire retirees or permit distributions of retirement benefits to current employees who have reached age 59 ½ or the plan's normal [...]
This article was published by the IRS. Backup withholding ensures that the government is paid the correct amount of taxes on specific types of payments reported on certain Forms 1099 and W-2G. Here are some facts about backup withholding: Backup withholding is required on certain non-payroll amounts when certain conditions apply. The payer making such payments [...]
Once you've connected your bank account to online banking in QuickBooks, QuickBooks downloads your recent transactions every day. In this video, learn how to categorize and confirm transactions so your books are accurate.
