The Internal Revenue Service, often referred to as the IRS, is the federal entity responsible for collecting taxes from US residents with varying income sources. It uses the 1099 form for tax return from individuals including business owners, self-employed lot or those into freelancing and gig work etc. The IRS categorizes the various types of […]

As your company grows in size and the workforce expands, managing and running the accounting activities in the right manner becomes a prerequisite. However, for many business owners handling such operations with accuracy and speed turns out to be tedious over time. That explains why businesses from so many sectors opt for outsourced accounting. Ventures