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342 North Water Street
Suite 820
Milwaukee, WI 53202
(414) 759-9629
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  • Home
  • Services
    • The Square Deal
    • Business Consulting
    • Business Valuations
  • About
    • Mike Bark
    • Rob Joyce
    • Andrew Witt
    • Meagan Rutkowski
    • Shaun McElhinny
    • Megan Schulz
  • Contact
  • The Full Moose

Understanding 1099 Reporting Requirements

11/21/2016

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Over the past years, it seems the IRS is placing more emphasis on ensuring businesses are complying with the 1099 reporting requirements.  The belief is that by encouraging compliance at the business level, that the problem of unreported income will gradually diminish.  
​The biggest change that we have seen is the IRS now asks 2 questions on business tax returns and Schedule C’s for the self-employed:

  1. Were you required to issue any 1099’s?
  2. If so, did you issue those 1099’s?
 
We believe that the answer, for most companies, should be "yes" on both counts.


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Taxes in a Trump Administration 

11/14/2016

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​Donald Trump is the President-Elect of the United States and with the House and Senate controlled by the Republican party there’s a good chance we may see some reform in the tax code.  Based on some of the policy proposals that have been floated here is what we think will happen:
​


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342 North Water Street, Suite 820
Milwaukee, WI 53202
(414) 759-9629

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