BW Accounting Solutions

Are You a Notary? Don't Make These 12 Common Mistakes!

Twelve Common Mistakes Notaries Should Avoid Notaries serve as impartial witnesses to the signing of legal documents. Notaries must ensure the notarizations they complete are free of notarial erros. Maintaining the integrity of your notary seal, stamp, and journal is critical to your success as a notary. Here are the top twelve most common err...

What you need to know about Form 1099-K if your received payments via a payment app or online marketplace.

What You Need to Know About Form 1099-K What is the Form 1099-K and what do I do with it if I receive one? Businesses, sole proprietors, self-employed Gig workers Sellers of goods and services, or personal items Individuals who rent property through third party apps Individuals earning money from a side hustle What if I send money to my f...

**Free Webinar Hosted by the IRS**
December 14, 2023 @ 2 pm EST

The IRS will hold a free webinar designed primarily for tax professionals whose clients receive income reported to them on Form 1099-K - reporting income through payment apps and online marketplaces. If you cannot attend the webinar, then check out our blog recap tomorrow night.

To register for the webinar, visit: https://www.webcaster4.com/Webcast/Page/1148/49577

All participants who qualify will receive a Certificate of Completion
Tax Professionals - Earn up to 1 CE Credit - Category: Federal Tax

Learn the difference between a credit & deduction to take advantage of the tax benefits & save yourself from a hefty tax bill.

Tax Credits vs. Tax Deductions As you probably already know, both tax credits and tax deductions help reduce your overall tax liability. You should search for credits and deductions when filing your annual tax return to save you money. While you should take advantage of all the tax breaks you're eligible for, please don't overloo...

"Entrepreneurs uniquely feel the weight of it all, all the time. The weight of their family, the weight of the people they service, the weight of running their own business. It can be heavy laden work with a lot of responsibility." --Julie Shipp