Old-fashion steel fountain pen with Form 1099-MICS words printed by typewriter getty Failing to send a 1099 can have some really nasty implications, so a lot of us are careful to not miss sending one out when required. Unfortunately, you can also get in trouble for sending one that should not have been sent if the
Taxes
Turn down the lights. Turn up the Marvin Gaye. It’s baby-making time. Look, I get it. You’re not accustomed to reading an article about the intricacies of the tax law and walking away ready to throw down. But this time is different. This week, the House of Representatives will vote on the latest round of
Tax Season is here- what you need to know now about 2020 tax filing. Pictured President Biden. Getty Images COVID-19, stimulus payments, PPP Loans, unemployment benefits, and working remotely are a few of the factors that could make filing your 2020 taxes more interesting than in a typical year. Throw in sky-high values in the stock
Ask Larry Economic Security Planning, Inc. Today’s column addresses questions about how spousal benefits are calculated, a potential way to reverse a benefit reduction due to a temporary circumstance and paying Social Security taxes when self-employed. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning,
The Small Business Administration (“SBA”) requires borrowers to complete SBA Form 3509 (for-profits) if together with their affiliates, the borrower(s) received Paycheck Protection Program (“PPP”) loans totaling $2 million or greater. The Form was created by the SBA in order to evaluate the borrowers good-faith certification surrounding the need for funding due to current economic uncertainty