Update QuickBooks Payroll for important tax compliance in Colorado
The Colorado Family and Medical Leave Insurance Program (FAMLI) involves a new tax that takes effect on January 1, 2023. It is now available and ready to be set up in QuickBooks Payroll. Open this blog for step-by-step instructions about how to set this up.
You may not need to file 1099-MISC tax forms
It is possible to never have to prepare, mail, or file a 1099-MISC tax form ever again. Read the blog to find out how.
QuickBooks Payroll: Get latest update with revised tax tables
Intuit has released Payroll Update 22106, with revised tax tables for 2021. The Payroll Update ensures that you will be in compliance with tax legislation that affects your payroll.
IRS tax form 1099-NEC: What it is, and what you need to know to use it
The IRS has made a major change to 2020 tax reporting that will impact business owners and tax professionals. Form 1099-NEC has recently been released.
Colorado sales tax return deadline May 20 for March, April and Q1 2020
The sales tax return deadline for March, April and Q1 2020 is fast approaching in Colorado. It’s May 20, 2020. Here is the information from the Taxation Division of the Colorado Department of Revenue.
5 things not to do when trying to save money on taxes
If you want to save money for your business, there are plenty of legitimate ways to save money on taxes. The idea is to be a “tax minimizer,” not a “tax evader.”