by Accent452023 | Feb 7, 2019 | Business, Rental Property, Tax Reform
If you use independent contractors to perform services for your business or your rental that is a trade or business, for each individual whom you pay $600 or more for the year, you are required to issue the service provider and the IRS a FormĀ 1099-MISC after the end...
by Accent452023 | Oct 2, 2018 | Business, Tax Planning
Tax law permits you to take a distribution from your IRA account, and as long as you return the distribution to your IRA within 60 days, there are no tax ramifications. However, many taxpayers overlook that you are only allowed to do that once in a 12-month period,...