Helpful Tax Resources and Guides
The latest news, topics, technology and resources for tax professionals in the developing digital world
The Top Five Mistakes Tax Pros Are Making with Schedule 1-A
The IRS released Schedule 1-A mid-filing season, creating new deductions for tips, overtime, and more. Here are the top five mistakes tax pros are already making and how to avoid them.
Do Payments to a Lawyer Need a Form 1099 and if so, which one?
Payments to lawyers have been subject to special IRS reporting rules since 1997. Learn when to use Form 1099-NEC vs. 1099-MISC for attorney payments and why lawyers are singled out for heightened scrutiny.
Navigating the Start Up World: What You Need to Know About Paying Contractors and Filing 1099-NEC
Hiring contractors as a startup? Learn the IRS requirements for collecting W-9 forms, tracking payments, and filing 1099-NEC forms to stay compliant as your business grows.
Understanding the Difference Between Form 1099-NEC and Form 1099-MISC
Confused about whether to use Form 1099-NEC or 1099-MISC? Using the wrong form or missing a deadline can lead to costly IRS penalties. Learn the key differences, filing rules, and common mistakes to avoid.
The Rise of SaaS Tax Services | What to Know
Moving away from traditional tax download software can be intimidating. But moving to a cloud-hosted platform can boost operational efficiency and save tax and accounting pros tons of time and money.
IRS Guidelines for Determining Contractor vs. Employee Status: What Every Business Owner Needs to Know
Misclassifying workers can lead to costly IRS penalties. Learn the key differences between 1099-NEC contractors and W-2 employees, how the IRS determines worker status, and what business owners must do to stay compliant.
Understanding 1099 and W-2 Filing Dates: Why You Should E-File vs. Mail
Key filing dates for 1099 and W-2 forms, why e-filing beats mailing now that the 10-form mandate is in effect, and the penalties you face for missing deadlines.
How to E-file 2025 Taxes | 3 Simple Steps
A tax preparer's guide to navigating the e-file landscape and the best practices for the tax season. The experts at Tax-Aid Filing walk you through the steps to mastering an evolving digital process.
The Top 6 Mistakes People Make While Filing
Tax season doesn't have to be stressful. From missed deadlines to incorrect forms and overlooked state requirements, small W-2 and 1099 filing mistakes can lead to costly penalties and compliance headaches.