Accounting with Confidence
Podcast
What you need to know about 1099s
The year is almost over and that means you need to be ready for reporting requirements that start in January! Find out what's new for 2020 including information about the 1099-NEC and the most helpful form you will need to complete your 1099s this year. See a demonstration on how to set up 1099 tracking in both QuickBooks desktop and QuickBooks online so you can be ready for the filing season.
https://www.irs.gov/pub/irs-pdf/fw9.pdf
https://www.irs.gov/instructions/i1099msc
4 THINGS TO DO BEFORE YEAR END
There are two months left in the year and a few housekeeping things that should be added to your to-do list. Budgeting, 1099s, Tax Planning and PPP Forgiveness should all be a part of your end of year routine. If you want to begin 2021 ready for whatever it brings and in the right frame of mind to make things happen, get these things done before year end.
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About the Creator
Beth Whitworth
I have over 25 years of experience in the industry and want to share what I know with you. Why? So that you can have confidence in what you do! Accounting with Confidence was born out of my desire to teach others the skills to make their job easier.