Thieves are constantly working to steal people's identity and personal data so they can use it to fraudulently file tax returns and claim refund money that isn't theirs. Remember to check out IRS.gov/scams for more information and tips on avoiding scammers. Here are a few things you should know so you don't fall victim to these [...]
This article was published by the IRS. For many new grads and other people entering the workforce for the first time, filling out new hire paperwork can be confusing — what's a W-4, anyway? New employees should ensure they understand their tax situation and do some planning so they're in good shape at tax time. It's [...]
You can quickly prepare 1099s and make managing your team easier with QuickBooks Payroll. Create 1099s in QuickBooks Online to send to your contractors and e-file with the IRS. This video goes over how to prepare your 1099s and where you can e-file them after January 1st with QuickBooks Online.
This article was published by the IRS. Following feedback from taxpayers, tax professionals, and payment processors and to reduce taxpayer confusion, the Internal Revenue Service has released Notice 2023-74 announcing a delay of the new $600 Form 1099-K reporting threshold for third party settlement organizations for calendar year 2023. As the IRS continues to work to [...]
Remember, gift cards are for gifts, not for making tax payments. Many people give gift cards as a convenient gift for any occasion. Scammers use gift cards to steal your money. Here's how this works: the scammer may call you impersonating an IRS agent, or contact you by text, email, or social media. The criminal calls [...]
