How long do I need to keep my records?

People wonder this often.  There is no hard and fast rule to make everyone happy.  “Keep everything for 7 years” doesn’t really cut it.  In some cases it may, but there are situations where you are required to keep documents and records indefinitely.  (more…)

New 1099 & W2 Filing deadlines…. it’s coming faster than you think!

New 1099 & W2 Filing deadlines…. it’s coming faster than you think!

As if January isn’t crazy enough!!!  Historically, businesses have had to issue 1099s and W-2s to their contractors and employees by January 31st each year.  This part has not changed…. however, (more…)