#1099-MISC Archives - Dustin Kern, CPA, P.C.

Do you have a side gig? Make sure you understand your tax obligations

Post author:admin
Post published:December 18, 2019
Post category:Uncategorized

The number of people engaged in the “gig” or sharing economy has grown in recent years, according to a 2019 IRS report. And there are tax consequences for the people…

Small businesses: Get ready for your 1099-MISC reporting requirements

Post author:admin
Post published:November 11, 2019
Post category:Uncategorized

A month after the new year begins, your business may be required to comply with rules to report amounts paid to independent contractors, vendors and others. You may have to…

Bartering: A taxable transaction even if your business exchanges no cash

Post author:admin
Post published:July 2, 2019
Post category:Uncategorized

Small businesses may find it beneficial to barter for goods and services instead of paying cash for them. If your business engages in bartering, be aware that the fair market…