Even If No Money Changes Hands, Bartering is a Taxable Transaction Jennifer McGheeJuly 28, 2020bartering, taxable income, fair market value, barter club, Form 1099-BComment
Take Advantage of a “Stepped-up Basis” When You Inherit Property Jennifer McGheeJuly 27, 2020estate planning, stepped-up basis, fair market value rules, inherited propertyComment
Is Now a Good Time to Start Your Own Business? Jennifer McGheeJuly 24, 2020business owner, small business, business idea, GoogleComment
Q&A of the Week July 22, 2020 Question Of The WeekAbby EllisJuly 22, 2020Gundling CPA QA of the WeekComment
Businesses: Get Ready for the New Form 1099-NEC Jennifer McGheeJuly 21, 2020Form 1099-NEC, non-employee compensation, NEC, Form 1099-MISC, Form 8809, tax formComment
Conduct a “Paycheck Checkup” to Make Sure Your Withholding is Adequate Jennifer McGheeJuly 20, 2020tax return, withholding, tax refund, paycheck checkupComment
Steer Clear of the Trust Fund Recovery Penalty Jennifer McGheeJuly 16, 2020Trust Fund Recovery Penalty, tax penalty, 100% penalty, IRS, tax paymentComment
Q&A of the Week - July 15, 2020 Question Of The WeekAbby EllisJuly 15, 2020Gundling CPA QA of the Week, IRAComment
After You File Your Tax Return: 3 Issues to Consider Jennifer McGheeJuly 14, 2020tax return, IRS, tax records, audit, amended tax returnComment
Hiring Independent Contractors? Make Sure They’re Properly Classified. Jennifer McGheeJuly 9, 2020independent contractor, IRS, Form SS-8Comment