If you own a small business or are a freelancer, you are probably familiar with IRS 1099 forms. In 2020, the IRS released a new 1099-NEC based on adjustments to the 1099-MISC form, which is now used to report miscellaneous income, such as rent or legal settlements. Small business owners who employ independent contractors must be informed […]
Need a copy of your W-2? Whether you lost it or need an old one, this guide covers the easiest ways to retrieve it through your employer, the IRS, and more.
Wondering if your LLC needs an Operating Agreement? This guide breaks down the what, why, and how—so you can protect your business from day one.
A Loan Agreement letter protects both lenders and borrowers by outlining clear loan terms. Learn when to use one and how to create a legally binding agreement.
Understanding the difference between W-4 and W-2 is crucial for employers and employees. Learn how these forms impact tax withholdings and reporting.
If you’re looking for a new place to rent, you will most likely be required to show proof of income to your potential landlords. There are many ways you can demonstrate this proof of income, pay stubs being the most common. Keep reading to learn how to get pay stubs as proof of income for a new […]
As a small business owner, calculating payroll yourself can be challenging and complex. Payroll not only involves paying your employees, but it also requires you to keep up with the latest labor and tax laws. To prevent serious problems when running payroll, you must understand how to set up an accurate payroll system and the […]
Wondering how banks verify income for an auto loan? Learn what documents you need, how your credit score impacts verification, and tips to speed up approval.
As a yoga teacher, you are tasked with helping people relieve stress and find inner peace. Unfortunately, tax season can be stressful for everyone, and yoga instructors are not exempt. Luckily, with a little preparation, tax season for yoga instructors can be easy to get through. Keep reading to discover some tax tips for yoga […]
Uncover the essentials of a paystub with our detailed guide. Learn what a paystub includes, why it’s crucial for financial tracking, and how it impacts both employers and employees. Ideal for anyone seeking to understand their earnings and deductions clearly.
