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  • WHY US?
  • WHO WE ARE

    • Meet the Team
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  • WHAT WE DO

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22 Dec How Are Trusts Taxed?

Posted at 10:14h in Accounting, Advice, Blog, Business, Taxes by Ines Glanznig 0 Comments
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A trust can be a powerful estate-planning tool, but contrary to popular belief, trusts do not make all taxes disappear. The families who set them up still need to consider tax consequences. To start with, trust beneficiaries typically need to pay tax on the interest income...

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22 Dec IRS Introduces the New Form 1099-NEC

Posted at 09:59h in Accounting, Blog, News, Taxes by Ines Glanznig 0 Comments
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The IRS has introduced a new Form 1099-NEC, Nonemployee Compensation. It's a sibling to Form 1099-MISC and replaces it for certain purposes. You must file it for each person in the course of your business to whom you have paid at least $600 during the...

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Copyright © 2021 The Accountancy.
All Rights Reserved.
Privacy Policy | Terms & Conditions | Business Continuation Plan | Site Map