The IRS continues to expand its online services for businesses, making it easier than ever to access tax information without waiting on hold or searching through old paperwork. If you own a business, we recommend creating an IRS Business Tax Account. This secure online portal allows eligible businesses to view tax information, make payments, access notices, and download important records directly from the IRS. The IRS also recently added the ability to download an EIN verific

For years, businesses have been required to issue Form 1099-NEC to independent contractors and certain vendors once payments reached $600 during the year. Beginning with the 2026 tax year, that threshold has increased significantly to $2,000. While this change will reduce the number of 1099s many businesses need to issue, it does not eliminate the need for good recordkeeping or vendor tracking throughout the year. What Changed? Under prior rules, businesses generally issued F

Tax season doesn’t have to feel overwhelming. With a little preparation now, you can make filing faster, easier, and far less stressful. The IRS even provides a helpful roadmap to get you started — and one of their biggest tips is simple: gather and organize your tax records early . Below, we’ll walk through some of the key items you should collect and why they matter. And we will share a few other tips to help your tax season go more smooth. Gather All Your Income Forms Bef

The holiday season is a busy time—and unfortunately, it’s also prime time for scammers. The Indiana Department of Revenue (DOR) has recently issued warnings about fraudulent text messages and other scams targeting taxpayers. And we've also seen a rise in the number of scams targeting business owners who use online accounting software, such as QuickBooks. Here’s what you need to know to keep your personal and financial information safe. Beware of a Text Message Scam involving

As an accounting firm, we pride ourselves on delivering accurate and insightful financial reports to our clients. However, many business owners may not realize that QuickBooks Online offers a robust suite of reports that go far beyond the standard financial statements. QuickBooks Online empowers users with on-demand access to a wide variety of reports that can help them better understand their business performance, manage cash flow, and make informed decisions. From profitabi

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