The most evil tax code rule

Improving equity is one of President Biden's top priorities, along with modernizing our infrastructure, improving access to higher education, and a host of other worthwhile but rather costly goals. But a prerequisite for achieving these…

The most perverse tax code rule

Improving equity is one of President Biden's top priorities, along with modernizing our infrastructure, improving access to higher education and a host of other laudable but rather expensive goals. But a prerequisite for achieving these…

No tinkering with the tax code

Laurie White is president of the Grand Providence Chamber of Commerce.Legislation has been introduced to increase personal income taxes for high income earners. House Bill 5227 would add a new tax bracket for those earning over $ 475,000…

Take note of these changes

Are there any significant tax changes for 2021?Each year, the Internal Revenue Service (IRS) announces adjustments to the tax code for the coming year. The IRS hasn't made any significant changes so far, but the agency has made some…

A fair tax code

The Florida state budget is more than just a document detailing the dollars and cents spent on all the various functions of state government; how much and where we invest our shared resources is also a reflection of our state's values…

What is the 1099-NEC tax form?

Beginning in the 2020 tax year, the IRS will require business taxpayers to report non-employee compensation on the new 1099-NEC form instead of the 1099-MISC form. Businesses will need to use this form if they have made payments totaling $!-->…

What is IRS Tax Form 1099?

IRS Form 1099 is a document businesses use to report taxable payments they have made to vendors and independent contractors for service, rent, and other items. Freelancers and independent contractors receive this form for work they did…