Question I’m a staff accountant for an S Corporation. We need to issue 1099 forms to LLCs and contractors. As an S Corporation, do we need to issue a 1099 for goods and supplies? Answer Please note that the 1099-MISC form is generally issued for payment of services provided. However, if the goods and supplies […]
Excel is a powerful tool used by accountants to summarize financial information. Join accountant Greg Freyman as he reveals the steps involved in summarizing financial information accounting in excel. If you have any questions, please contact us.
Staff accountants and bookkeepers using payroll in QuickBooks can record all of their entries to wages and taxes payable, while also grossing up payroll as infrequently as once a month, quarter, or year. This can be a significant time saver, especially when the month to month reporting is not needed. However, when reporting on a […]