Every year brings with it new changes related to W-2 and 1099 forms and reporting requirements. Due to the government's increasing focus on the proverbial tax gap, it's more important than ever for small businesses to understand the changing W-2 and 1099 reporting environment. Greatland, one of the country's leading providers of W-2 and 1099 products for business, wants employers to know about some of the key changes that will affect small business this year.
Every year brings with it new changes related to W-2 and 1099 forms and reporting requirements. Due to the government's increasing focus on the proverbial tax gap, it's more important than ever for small businesses to understand the changing W-2 and 1099 reporting environment. Greatland, one of the country's leading providers of W-2 and 1099 products for business, wants employers to know about some of the key changes that will affect small business this year.
W-2 Form Changes and New Additions
About the Author
Greatland (www.greatland.com) is the W-2 & 1099 specialist, focused on providing guidance, products, and solutions for small to mid-size businesses and accountants. Through Greatland Corporation's subsidiaries – Greatland, Nelco, FileTaxes.com and Broker Forms – the company offers an extensive array of specialized products for business: W-2 forms, 1099 forms, W-2 & 1099 software, online filing, business checks and check writing software, presentation materials, income tax preparation supplies and software, and mortgage forms. Greatland is an employee-owned company with locations in Grand Rapids, Mich. and Green Bay, Wis. Follow us on Facebook or Twitter: @GreatlandCorp
DO:
• Do type or print entries with black ink only using a 10 pitch (pica) or 12 pitch (elite) font
• Do make sure all copies are readable
• Do include the decimal points (i.e. cents) in the monetary entries (0000.00)
• Do verify that the filer’s name, address, and taxpayer identification number (TIN) are the same on both Form 1096 and the attached Forms 1099
About the Author
Greatland (www.greatland.com) is the W-2 & 1099 specialist, focused on providing guidance, products, and solutions for small to mid-size businesses and accountants. Through Greatland Corporation's subsidiaries – Greatland, Nelco, FileTaxes.com and Broker Forms – the company offers an extensive array of specialized products for business: W-2 forms, 1099 forms, W-2 & 1099 software, online filing, business checks and check writing software, presentation materials, income tax preparation supplies and software, and mortgage forms. Greatland is an employee-owned company with locations in Grand Rapids, Mich. and Green Bay, Wis. Follow us on Facebook or Twitter: @GreatlandCorp
Whether you’re angry, happy or just plain confused about how “Obamacare” (a.k.a. the Affordable Care Act, or ACA) will impact your business, my best advice is this: Get over it!
By Daniel Kehrer
Founder, BizBest.com
About the Author
Daniel Kehrer, Founder & Managing Director of BizBest Media Corp., is a nationally-known, award-winning expert on small and local business, start-ups, content marketing, entrepreneurship and social media, with an MBA from UCLA/Anderson. Read more of Daniel's tips at
www.BizBest.com, follow him at
www.twitter.com/140Main and connect on LinkedIn at
www.linkedin.com/in/danielkehrer.
SCORE's CEO, Kenneth R. Yancey, offers advice for adding virtual employees to your small business team.
If you’re thinking about hiring virtual employees, you don’t need to hide the fact from clients or customers. In fact, most businesses today use some kind of virtual assistance on a daily basis, and most consumers would never know it (e.g., customer service). But how do you find the right virtual employee for your business? Here are some steps to take:
Published Jan. 28, 2013
This paper will outline ways to stay ahead on your business accounting and financial paperwork. These simple weekly steps will save you major at tax preparation time as well as providing useful ongoing operational financial information to guide your business decisions.
About the Author
30+ years of retail experience with two Big Box corporations, managing numerous multi million retail outlets within New Hampshire. Experience included meeting or exceeding operational goals, profit, expense control, and customer experience.
Published Jan. 28, 2013
This small business tool itemizes a series of simple low cost steps a business owner should consider to increase market awareness for their company.
About the Author
35+ years of experience in IT functions, Marketing, Sales, Sales Support and Consulting at the practitioner and General Manager levels. Experience working with Fortune 100 companies specializing in business planning, strategy development, sales and marketing leadership.
In the early months of a new year always comes the desire for a fresh start. Maybe it’s the busyness of the holidays or the exhaustion of trying to wrap up things before the year ends, but for whatever reason, I always look forward to starting the year off with a new attitude, new goals and a newly created To Do list. One of the most important agenda items for any small business owner should be to take a look at their company’s finances.
By Rieva Lesonsky
In the early months of a new year always comes the desire for a fresh start. Maybe it’s the busyness of the holidays or the exhaustion of trying to wrap up things before the year ends, but for whatever reason, I always look forward to starting the year off with a new attitude, new goals and a newly created To Do list. One of the most important agenda items for any small business owner should be to take a look at their company’s finances.
About the Author
Rieva Lesonsky is CEO of GrowBiz Media, a media company that helps entrepreneurs start and grow their businesses. Follow Rieva at twitter.com/rieva and visit her blog at SmallBizDaily.com.
Visit her website SmallBizTrendCast to get the scoop on business trends and sign up for Rieva’s free TrendCast reports.
A common concern I often hear from business owners and startup entrepreneurs is where the money will come from to fund future growth. For some, that might require outside investors, which in turn can mean giving up partial ownership or control.
A common concern I often hear from business owners and startup entrepreneurs is where the money will come from to fund future growth. For some, that might require outside investors, which in turn can mean giving up partial ownership or control.
But most businesses can grow successfully by using one or a combination of other financing approaches that don’t require major commitments or outside investors.
About the Author
Daniel Kehrer, Founder & Managing Director of BizBest Media Corp., is a nationally-known, award-winning expert on small and local business, start-ups, content marketing, entrepreneurship and social media, with an MBA from UCLA/Anderson. Read more of Daniel's tips at
www.BizBest.com, follow him at
www.twitter.com/140Main and connect on LinkedIn at
www.linkedin.com/in/danielkehrer.
Festivities is thrilled to announce the opening of two new stores at the SoNo Marketplace.
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Published Jan. 21, 2013
SCORE ExpertAnswers
Dr. Will Moreland, bestselling author and leadership expert, shares his thoughts on ways to harmonize our interrelated business, personal and emotional lives.
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We often hear about how stressful today’s world is compared with days gone by. Is this really the case, or does it just seem that way?
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About the Author
Dr. Will Moreland is known as “America’s #1 Leadership Life Trainer,” and for good reason. Just as he transformed his own life through the study of leadership, he’s helped thousands of individuals, teams, and organizations create and master change through his seminars, speeches, and books such as the highly acclaimed Genius Potential.
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