Monthly Archives: December 2019

Federal Form W-4 changes effective 2020

Effective January 1, 2020 a new Federal Form W-4, Employee’s Withholding Allowance Certificate, will be required What is changing? The updated Form and associated withholding tables have been completely redesigned due to the 2017 Tax Cuts and Jobs Act mandates. Improvements to the form are intended to increase the transparency and accuracy of employee withholding…

1099 Rules That Can Make or Break You This Year

Over the past few years there have been a number of changes and updates regarding the reporting rules for the mysterious 1099-Misc Forms. I say “mysterious” because many business owners simply guess as to what the rules are and oftentimes get exasperated and just give up choosing to file nothing at all. This can be a…