In 2013, there have been significant tax law changeseffecting freelance and contract workers who file Form 1099.
If you work with freelancers, time is running out for employers to file Form 1099 under the new tax law changes under the 2010 Health Care Act. Employers must report both goods and services earned in 2012, not just goods and exempted payments. The intended goal is to remove the distinction between goods and services paid to freelancers, thereby cutting overall compliance costs.
Compliance under the new tax law changes means there is little time to waste.
In Cedar Falls, Iowa, the heartland of America, the CEO of a successful brokerage firm, Peregrine Financial Group, has been charged with 31 counts of fraud. Russell Wasendorf Sr. allegedly stole over $200 million from his customers over a 20-year period.
Business enterprise gets a new, informative voice with the launch of the online version of Small Business Digest.
For October 2012, Information Strategies Inc. introduces an electronic version of Small Business Digest, the print version being the place–for more than 10 years–leaders turned to get valuable insights on the business landscape.