Did You Hire an Independent Contractor Last Year?

January 04, 2017 by Christopher Niemann

Did you get help with your business this year? Don’t forget that while you are waiting for your tax documents, you might have to provide some of your own. In general, if you hired an independent contractor and paid them more than $600 over the course of last year, you will need to send them a 1099-MISC.

Reporting Health Insurance Coverage by Employers

January 02, 2016 by Christopher Niemann

Are you a large employer with 50 or more employees? The Affordable Care Act (ACA) may have some new reporting requirements for you. Beginning with the tax year of 2015, Applicable Large Employers (ALE) will be required to file health insurance coverage information with the IRS in addition to informing employees of the specific health insurance coverage the employer offers.