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tax strategies for high income earners

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Reminder: Summer is a great time to prepare for year end employee and contractor reporting!

It’s 110 in the valley, and it’s a great time to make sure that you have all the correct forms on file for issuing 1099s and W-2s at the end of the year.

The IRS requires 1099’s to be issued to all individuals, unincorporated companies, and attorneys that you pay more than $600.00 per year for goods and services. So now is a good time to review the files and make sure that you have a W-9 on file for these companies and individuals. The information contained on the W-9 is required to issue 1099s at the end of the year. Contact us today at 602-362-7939 to set a meeting to do this!

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