Paystubsnow Blog

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 and the legal repercussions of failing to do so on time.  In this article, we'll break down the penalties for not issuing 1099s ...

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, we will break down everything you need to know about documenting cash income, from IRS guidelines to practical tips for tracking your ...

Starting a new business can be both exciting and challenging, and dealing with taxes can sometimes feel overwhelming. That's why we have put together a beginner-friendly tax guide to help you with tax reporting in 2024.  This comprehensive guide offers step-by-step instructions for tax preparation and filing, ensuring you maintain ...

Say you're a freelancer, a small business owner, or a self-employed individual who often gets paid in cash. What do you do come tax time? We know dealing with taxes can be intimidating, so we're here to guide you in the right direction. This insightful post aims to clarify how ...

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 for a loan, or establishing credit. No matter the reason, being prepared and understanding what qualifies as proof of income is crucial. In ...