Tax Updates

56 posts

New IRS Form 1099-NEC

There is a new IRS form meant for business taxpayers to utilize when they pay or receive nonemployee compensation. The 1099-NEC is being reinstated for tax year 2020 and beyond. The "NEC," stands for Non Employee Compensation.

California Proposition 22 Passed

California Proposition 22 passed leading to new benefits for app-based drivers, including some guarantees. In this article we will be breaking down the new benefits that are now available to app-based workers operating as independent contractors.

Dazzle Your Tax Clients with Good News!

Dazzle your clients with good news! Congress has approved a new Charitable Contribution deduction. This deduction is available to those who provided cash gifts to legal 501C charitable organizations. The Charitable Contribution deduction is for up to $300.

Learn a New Career Safely from Home

Learn a new career safely from home. We can provide you with the training for a new career with unlimited earning potential. You can learn to become a tax preparer safely from your own home.

Solution for Job Insecurity?

Good paying unskilled positions are disappearing! Even Disney is Shedding 28,000 part-time positions. You can still grab your fair share of the American Dream by becoming a tax preparer.

Tax Pro Working From Home

Work from Home Jobs!

Looking for a job or even a career where you can work from home? We share how and why understanding the rules can be profitable. Now is an ideal time to become a tax preparer. We provide an eBook free to download that describes two potential career paths for new tax preparers.