Tax Compliance

What Are Payroll Records? Employer Basics and Best Practices

Accurate payroll records aren’t just paperwork. They’re a legal requirement and a key part of running a compliant, organized business. From tracking employee...

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What Are Payroll Records? Employer Basics and Best Practices
Independent Contractor vs. Employee: 11 Key Differences
March 2, 20257 min read

Independent Contractor vs. Employee: 11 Key Differences

Understanding the difference between an independent contractor and an employee is not just a matter of policy for businesses. This classification influences ...

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What Is an Underpayment Penalty? IRS Rules & How to Avoid It
February 9, 20256 min read

What Is an Underpayment Penalty? IRS Rules & How to Avoid It

Tax laws are often complex and can feel overwhelming, especially for small business owners, independent contractors/how-to-create-pay-stubs-for-independent-c...

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Small Business Insurance Requirements: Policies to Consider
January 26, 20258 min read

Small Business Insurance Requirements: Policies to Consider

Managing a small business requires a solid understanding of financial principles, operational processes, and the various aspects of business ownership. Navig...

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How To Show Proof of Income if Paid in Cash: Top Strategies
September 19, 20248 min read

How To Show Proof of Income if Paid in Cash: Top Strategies

For individuals who are paid in cash, showing proof of income can be challenging, but it's still a necessity. With the right strategies and tools, the comple...

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What Is the Penalty for Not Issuing a 1099? How To Avoid Fines
August 25, 20249 min read

What Is the Penalty for Not Issuing a 1099? How To Avoid Fines

Have you ever wondered what happens if you fail to issue those pesky 1099 forms for your contractors? Many business owners are unsure of the IRS requirements...

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How To Report Cash Income: Understanding Legal Obligations
August 18, 20248 min read

How To Report Cash Income: Understanding Legal Obligations

Reporting cash income might seem like a task and a half, but understanding your legal obligations is crucial to staying out of hot water.In this blog post, w...

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If I Get Paid Cash in Hand, How Do I Pay Tax? What To Know
March 17, 20249 min read

If I Get Paid Cash in Hand, How Do I Pay Tax? What To Know

Say you're a freelancer, a small business owner, or a self-employed individual/how-to-provide-the-first-paycheck-when-youre-self-employed/ who often gets pai...

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What Is Proof of Income & How Do You Show It?
February 11, 20246 min read

What Is Proof of Income & How Do You Show It?

Ever been asked to provide "proof of income" and wondered what exactly that means and how you're meant to show it? Maybe you’re securing a lease, applying fo...

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Top-Rated Tax Software To Maximize Your Tax Refund
October 26, 20238 min read

Top-Rated Tax Software To Maximize Your Tax Refund

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How to understand the difference between tax refunds/tax returns?
October 20, 20238 min read

How to understand the difference between tax refunds/tax returns?

!how to understand the difference between tax refunds and tax returns, child supporthttps://psn-production-storage.s3.us-east-1.amazonaws.com/cdn/blog/2025/0...

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