The IRS reminds Americans earning over $600 on PayPal, Venmo, or Cash App transactions to report their earnings or else! The passage of the American Rescue Plan in March 2021 means the threshold for 3rd party processors to report transactions to the IRS reduced from...
1. Verify all information that will transfer to the W2s. Company information to verify for payroll would be the company name, address, and EIN accurately listed. Employee Names, social security numbers, and current addresses. 2. Account for all earnings, even outside...
Are you ready for an IRS audit? Do you save every receipt from every transaction and document it for proof of a justifiable deduction? Are you the person who keeps a shoebox full of receipts in case the IRS audits you? Now is the time to buy yourself a new pair of...
