Tax information reporting and withholding requirements are constantly changing. You cannot assume that specific requirements will stay the same from one year to the next (or be the same from one state to the next). Here are three keys to staying on top of your 1099 reporting: The IRS and state Departments of Revenue (DOR)… Read more »

Avoid errors and costly fines by verifying your Tax identification numbers (TINs) in advance of the hectic January reporting season. Matching of your recipient’s name and Social Security Number (SSN) or Employer Identification Number (EIN) will compare your recipient data with IRS records to ensure your information is correct and avoid time-consuming and potentially expensive… Read more »

It’s called a TIN – and it’s an essential number when filing W-2s, 1099s, and ACA forms. For most 1099 reporting, a TIN may be a Social Security Number (SSN) or Employer Identification Number (EIN). Why is it important? Because when you are filing your W-2’s or 1099’s, your recipient TIN and name must be… Read more »