Homestead Exemption

Do you own the home you are living in and it is your primary residence?  If so, have you filed/confirmed your Homestead Exemption to reduce your property taxes? A homestead …

NEW for the 2020 Tax Year: Form 1099-NEC

The IRS changes Form 1099 for 2020 Tax Year!
For the 2020 Tax Year, the IRS is requiring a new form, the 1099-NEC to report nonemployee compensation. The 1099-NEC is a whole form dedicated to BOX 7 (nonemployee compensation) formerly on the Form 1099-MISC.