According to a new law set to go into effect in 2012, business owners will be required to submit a Form 1099 for every payment made via check or credit card to vendors for services, inventory or property over $600 annually.
Posted on
May 25, 2010
According to the Small Business Administration (SBA), approximately 60 percent of Americans own or work for a small business. The National Association for the Self-Employed (NASE) is teaming up with the SBA again to sponsor National Small Business Week 2010.
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May 24, 2010
Many of the nation’s entrepreneurs are about to become more familiar with the IRS. According to a new law set to go into effect in 2012, business owners must report annually every payment for goods or services over $600, utilizing IRS Form 1099. A new survey by the National Association for the Self-Employed (NASE) found that the average self-employed and micro-business (those with fewer than 10 employees) currently issues two Form 1099 per year. Under the new law, the same business will have to issue roughly 27 reports, mostly to large corporations.
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May 24, 2010
The effort to ensure a safer, more consumer-friendly Wall Street moved one step closer to success with the passage Thursday night of the Restoring American Financial Security Act in the Senate.
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May 22, 2010
The effort to ensure a safer, more consumer-friendly Wall Street moved one step closer to success with the passage Thursday night of the Restoring American Financial Security Act in the Senate.
Posted on
May 21, 2010
Posted on
May 21, 2010
Finding time to tend to health and well-being is a challenge for the notoriously time-starved self-employed. Throw a business trip into the mix and it’s easy to make excuses to slack off. While you may rely on a gym membership or at-home exercise equipment for your workout, there are ways you can stay fit while on the road. Here are some tips and tricks for staying in tip-top shape when you’re away from home.
Posted on
May 19, 2010
NASE signs on to a letter by the Coalition for Fairness in Tax Compliance in support of the Small Business Paperwork Mandate Elimination Act (H.R. 5141), which would repeal new IRS Form 1099 reporting requirements on small business.
Posted on
May 14, 2010
Posted on
May 14, 2010
Sometimes it’s exciting and fun to try something new. Other times, it’s downright scary.
Posted on
May 13, 2010