Net income is one key metric that you can use to assess your business’s financial health. It’s the bottom line on your income statement, also called a Profit & Loss Statement (P&L), and it tells you how much money you have remaining after deducting your costs and operating expenses from your total Revenue. What Is […]
IRS Deadlines
1099 Form Deadlines & Important IRS Deadlines
What are 1099s? There are a variety of different 1099 forms each used for different reasons ranging from reporting non-employee compensation to reporting interest or earrings. Ex) 1099-MISC vs 1099-NEC. 1099-NEC forms for example, are tax documents that provide the IRS and the taxpayers with information used to keep track of and report compensation paid […]