Part 4 – Reviewing Payments to Independent Contractors For the tax year 2020, a new 1099 form has been created: the 1099-NEC. NEC stands for non-employee compensation. So you no longer complete the…
Part 3 – Handling Gifts to Staff and Volunteers This is the time of year we like to present staff and volunteers with gifts. But how do we account for these in our…
Part 2 – Reviewing Employee’s W-4 Form The tax law changes with the Tax Cuts and Jobs Act of 2017 are still affecting people as the tax withholding is no longer calculated based…
Part 1 – Designating a Housing Allowance While our last four blogs have been about Year-End, there is more to discuss and I want to address individual items in the next few blogs…
