Posts Taged business

Gas prices are down!

Well, we humans aren’t the only ones that has noticed that gas prices have gone down. According to WKYC.com, average Ohio gas prices have fluctuated quite a bit over the last 72 months, ranging from $4.15 to $1.82 per gallon, with this being a very good time for buying gas.  The IRS has noticed too of course. […]

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Intentional disregard! $250 penalty PER 1099.

There is now a $250 penalty, PER 1099, for not providing a correct 1099 when one should have been issued. This is considered an intentional disregard.  There is no maximum penalty for the year. There are also penalties for filing them late. The tax return has 2 direct questions regarding 1099s that make it easy […]

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