“1099s” most commonly refers to 3 different IRS forms, the 1099-NEC (Non-Employee Compensation), 1099-MISC, and 1099-INT (Interest). In general, 1099s are required to be issued to individuals and partnerships for services, rents, and interest paid via bank accounts in a calendar year. The forms are required to be mailed to...
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Collaboration is a key component of business success. From mentors and industry peers to subject matter experts in law, HR, tax, and accounting the best run businesses know they can’t do it all and strategically seek experts to help move their business forward. Copeland Buhl’s Outsourced Accounting and Advisory team...
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There are many reasons to embrace QuickBooks Online and other cloud-based accounting software, I wanted to start the year out by listing some of our Outsourced Accounting team’s favorites. Bank and Credit Card Linking eliminates data entry and allows your numbers to be up to date whenever you need. Waiting...
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This past summer, Minnesota enacted a new passthrough entity (PTE) tax for years beginning after December 31, 2020. This entity-level tax is considered a workaround for the federal $10,000 state and local tax deduction limitation (SALT limitation) imposed on individuals who itemize deductions on their personal income tax returns. Many...
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November 22, 2021 by Staff
Cyber Security and Cyber Safety are very much related when it comes to the overall safeguard for online and information protection. Cyber safety focuses on protecting individuals from harmful online contents and activities, whereas cyber security involves the protection and securing of information on the network from all potential threats....
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