Category Archives: Year End

Prepare for Year-End: Have Accurate Records

records are accurate

The beginning of the year is a busy time for business owners.  It’s also the most stressful. Most business owners want to ensure they have accurate records before they provide them to their tax professional. But where to start?  We’ve provided a handy checklist to help you. This checklist should give you a basic outline […]

Prepare for Year-End: Know Your Deadlines

Updated April 27, 2020 “I love deadlines. I like the whooshing sound they make as they fly by.”  – Douglas Adams I have to agree with my good pal Doug here – keeping track of deadlines is hard! For some business owners, it’s a full-time job. You have project deadlines for customers, payroll deadlines for […]

Should I Hire a Professional to file my 1099s?

Maze hire professional for 1099s

Each year we prepare hundreds of 1099s for our clients. As we’ve discussed in previous blog posts, the IRS requires businesses to file 1099s each year for specific vendors and payments.  Often, our clients are very surprised when we prepare their 1099s for the first time. Generally, we will ask about payments to vendors that […]

What Can I Do to Prepare for Year-End?

Clock Prepare for Year End

It’s time to begin thinking about year-end! Can you believe it? What do you see as your greatest accomplishment this past year? With the year-end approaching, we often get asked several questions on how to get ready. We thought this year we would provide a short Q&A list to help prepare for Year-End.  Why do […]

How to Stop Being a Procrastinator

snail stop being a procrastinator

It seems like there are three types of people out there when it comes to year-end and procrastinating. Which one would you classify yourself as? Uber prepared – You have been preparing for year-end all year long! You have a checklist of what you need to do and everything is tidy and organized, just like […]

Get Ready for Year-End Bonuses!

One of the most common methods of showing appreciation to staff is by issuing year-end bonuses. Your employees work very hard, and as a business owner, you want to reward their efforts.  While paying a bonus to your employees may sound simple, both federal and state agencies have rules regarding the taxability of these types […]