If you’ve been reading our blog, you know that having your 1099 forms properly submitted and accounted for is a critical part of ensuring accurate tax filings, both for businesses and taxpayers. This year, the IRS has made a significant change to the rules for filing Form 1099. The change relate to the 1099-MISC, which is issued to independent contractors and recipients of non-employee … [Read more...]
The 2016 Tax Season: Important Deadline Changes
Wondering about deadline changes for this tax season? As you probably already know, Tax Day is usually April 15th. (Hopefully you’ve already hired Ten Key, Inc. to do your taxes, so you’re not dreading it.) This year, however, taxpayers have been given a slight reprieve. April 15th falls on Emancipation Day, which is a holiday in Washington D.C., so processing centers will be closed and the 2016 … [Read more...]
Home Remodeling: A Smart Way to Spend Your Tax Refund
Yay! You got a tax refund this year! Are you going to save it or are you going to splurge on a vacation or a new car...or how about a home remodel? At Ten Key, Inc., we provide bookkeeping and accounting services for clients in a variety of industries, including the home improvement industry. We have the privilege of working with several skilled home improvement professionals who can make your … [Read more...]