In 2008, the passage of the Housing and Economic Recovery Act included provisions intended to provide the IRS with more immediate and comprehensive access to business sales records. In particular, the law required banks and other payment providers to begin filing Form 1099-K in 2012, which lists year-end gross payments made to merchants for gift cards, debit and credit cards, and e-commerce sales.
In 2013, the ramifications of this new reporting became clear, and if you're a small business owner, you should stay aware of this information as you implement effective bookkeeping services.
Starting and growing a business requires a mix of guts, inspiration, dedication and know-how. As providers of.
We're proud to serve a wide range of clients, from SMBs just starting to find a strong foothold to those will.
We often find ourselves presented with a common question--"How do I know when it is time to switch to an accounting.
As we wrap up the last week of our Accounting Education Back to School Series, we're taking a close look at a subject.
Our clients don't worry about tips for using QuickBooks because they know we're on top of it for them. However, since.
Today's Accounting Education Series is from our friend and partner, TSheets. You've probably heard us talk about.
