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...
As a small business owner or employee, one thing you don’t want more of is paper. Yet, before you shred – yes, shred rather than toss in the trash – important documents, you need to know the guidelines on how long to keep documents, tax records and other important...