Using Your 401(k) Plan to Save This Year and Next
By contributing to a tax-advantaged retirement plan you can reduce taxes and save for retirement. If your employer offers a 401(k) or Roth 401(k) plan, contributing to it is a taxwise way to build a nest egg. If you’re not already contributing the maximum allowed, consider increasing your contribution rate between now and the end […]
Small Businesses: Get Ready for Your 1099-MISC Reporting Requirements
Your business may be required to comply with rules to report amounts paid to independent contractors, vendors, and others a month after the New Year begins. This may include sending 1099-MISC forms to those whom you pay nonemployee compensation, and filing copies of these with the IRS. This task can be time consuming and there […]
