When was Form 1099-NEC reinstated, and why?
Form 1099-NEC was reinstated for the 2020 tax year after a hiatus of nearly four decades. The form is now […]
November 21, 2024
What is the difference between gross receipts and total receipts?
The terms gross receipts and total receipts on IRS Form 8027, used to report tip income and allocated tips for
The Rise of ACA State Mandates
The rise of ACA (Affordable Care Act) state mandates reflects a growing trend among states to reinforce or expand upon
How do I correct an error on Form CA-592?
For Form CA-592 (Resident and Nonresident Withholding Statement), the California Franchise Tax Board (FTB) requires that corrections be made by
Can W-2C Correct Mistakes for Prior Years?
Yes, a W-2C (Corrected Wage and Tax Statement) is used to correct errors on a previously filed W-2 form for
Do businesses with 49 employees or fewer have any ACA compliance obligations?
Businesses with 49 or fewer employees have no obligations under the Affordable Care Act (ACA) to provide health insurance or