If you paid independent contractors, vendors, or other non-employees during the year, January 31  is an important tax deadline you should not ignore. By January 31 , taxpayers are required to both : Provide Form 1099 to the recipient , and File Form 1099 with the Internal Revenue Service (IRS) Missing this deadline can result in penalties, even if the failure was unintentional. What Is Form 1099? Forms 1099 are used to report certain types of payments made in the course of a

Beneficial Ownership Information Reporting On February 18, 2025, the U.S. District Court for the Eastern District of Texas granted FinCEN...

In an unexpected twist in the ongoing saga of the Corporate Transparency Act (CTA), the U.S. Court of Appeals for the Fifth Circuit has...

If you own a Limited Liability Company (LLC), corporation, or other non-exempt entity and haven’t addressed this yet, it could cost you. ...