Business Taxpayers See New IRS Form

For those business taxpayers paying or receiving non-employee compensation (aka contractors), there is now a new IRS form that you must use in your reporting. Payers must report any payment of $600 or more to a payee in the calendar year by completing Form 1099-NEC (Non-employee Compensation).

City with bright light ahead istock

Bright Light Ahead

It has felt like a trial of sorts over the past 3 months of our lives. A trial to see how well we come together over the hurdle of a microscopic problem. This hurdle in comparison would put Mount Olympus to shame. We were asked to abandon our everyday lives and adapt to a new way of life.

Sound Credit Considerations

Credit Culture and Corporate Culture are very closely tied. As both evolve they must continually be well established, communicated, and enforced. In properly doing so your organization’s credit risk appetite should be made to align with your organization’s values.