1099 Archives - SBS Accounting & Advisors

3 Rules for Effective Church Financial Stewardship

Poor financial stewardship will keep you from fulfilling your ministry’s mission. When it comes to financial stewardship, many churches fall behind their for-profit counterparts. This stunts their growth and sends them down a dangerous road. This is not about...

Meeting the New Deadlines and Challenges of 1099s and W-2s: Sound Business Services has You Covered

by Jonathan Bill

The urgency to get your 1099s and W-2s done on time takes on added importance for tax year 2016. Businesses must now file all federal W-2s, and certain types of 1099s, with the IRS by Jan. 31, 2017. These types of 1099s come into play for anyone paying an employee or...

It’s Time to Send 1099s

by Jonathan Bill

Happy New Year to one and all! Tax season 2015 is upon us, and with that comes a January requirement some businesses may forget about: sending 1099s. In short, Form 1099-MISC is required if you’ve paid $600 or more for services performed for your business by anyone...

5 Year-End Must-Dos by December 31

by Jonathan Bill

It’s that time of year when most of us are focused on the holidays … office parties, wrapping gifts and getting ready for a joyful season. That’s great, but you also should devote some of your time to what I call several year-end “Must-Dos” that will help you wrap up...