Filing Form 1099: A Quick Update for 2025
Businesses are preparing their year-end reporting, and Form 1099 requirements continue to draw close attention. The IRS has made a few notable updates for 2025, and it helps to keep the basics in clear view as you plan your filings. The core rules in the General Instructions for Certain Information Returns remain steady. If you […]
Minnesota Paid Leave Starts in 2026: Key Steps for Employers
Minnesota’s statewide Paid Leave program begins in January 2026. The state has released required notices and employer resources to help organizations prepare for the payroll, communication, and compliance responsibilities that come with the new program. With just months ahead of the new year, now is the time to put the basics in place. Program Basics [&hellip
QuickBooks Desktop Pricing Update: What Businesses Should Expect in 2026
Intuit has announced significant pricing changes for QuickBooks Desktop that will take effect beginning February 1, 2026, or at a subscriber’s next renewal date after that time. While these updates may not be unexpected, they are meaningful enough that businesses relying on Desktop should begin planning now. Although Intuit stopped selling new QuickBooks Desk
Understanding the 2025 Reporting Relief for Tips and Overtime
The IRS and Treasury recently announced that tax-year 2025 will serve as a transition year for the new reporting rules on cash tips and qualified overtime under the One, Big, Beautiful Bill. Employers and other payors will not face penalties in 2025 if they are unable to separately report these amounts. The IRS explains that […]
Year-End Accounting Guide: What Every Business Should Tackle Before Closing the Books
Year-end can feel hectic. Payroll wraps up, receivables and payables pile in, and leadership wants a clear look at performance before planning for the year ahead. A focused approach helps keep the process on track and produces clean, reliable numbers going into tax season. Start With the Essentials: Reconcile Every Core Account Bank accounts, credit […]
Preparing for 2025 Year-End: Key Considerations for Accurate W-2 Reporting
As 2025 draws to a close, W-2 reporting is once again a focal point for employers. While the form itself may feel routine, year-end payroll reporting often reflects a full year of decisions, system changes, and workforce shifts. Addressing W-2 preparation early can help reduce last-minute corrections and avoid employee frustration once forms are issued. [&helli
