Archive for the ‘Uncategorized’ Category
Additional 2020 Economic Impact Payments
Wednesday, December 30, 2020 – You’ve probably heard that the IRS will be making millions of ”economic impact payments” (also called ”recovery rebates”) in the near future to help people… [more]
Wishing You Happy Holidays and a Season Filled with Peace and Joy
From our family to yours… Please enjoy this holiday season. Wednesday, December 23, 2020 – LSWG will be closed Thursday and Friday, December 24 and 25, and again on Friday,… [more]
IT Controls in a Remote-Working World
By Eva Webb, CPA, LSWG Principal Monday, December 21, 2020 – As information technology systems continue to evolve and change, it is critical that we understand the importance of the… [more]
Let’s Get Ready to CRUMBLE!
Thursday, December 17, 2020 – When LSWG throws down a cookie-baking challenge to staff–and then sweetens it with a $50 Downtown Frederick gift card first prize–our resident bakers can’t wait… [more]
Employers and Business Owners: Start Now to Prepare for January 31* Filing Deadline
Wednesday, December 9, 2020 – If you are responsible for payroll and/or 1099s, we urge you to start planning now to make certain you meet the filing deadline for wage… [more]
Changes in 1099 Reporting for Tax Year 2020 – FORM 1099-NEC
By Dorothy P. Eyerly, LSWG Staff Accountant II The IRS has issued a new form for reporting nonemployee compensation: Form 1099-NEC. Nonemployee compensation payments were previously reported in Box 7… [more]
LSWG’s Client Portal – Safely and Securely Transmit Your Financial Information
Wednesday, December 9, 2020 – For over three years now, LSWG clients have enjoyed the convenience of LSWG’s Client Portal–a secure online space that allows LSWG and our clients to… [more]
3 HR Tasks You Should Complete Before the End of the Year
Guest contributor, Amanda Haddaway, managing director of HR Answerbox, offers these tips for getting your organization in shape for the New Year. Wednesday, December 9, 2020 – While it may… [more]
5 Business Tax Deductions to Consider
Wednesday, December 2, 2020 – It’s year-end tax planning time at LSWG. If you haven’t already, you might want to take a look at opportunities that you need to take… [more]
Maryland Business Owners: You May Have Another Deduction Coming Your Way
Friday, November 20, 2020 – If you own a business which operates as a partnership or S-corporation in Maryland, you might find some unexpected tax relief this year. The Tax… [more]