If you’re a United States citizen who had or has money in a foreign bank account, then take note. Are you familiar with the Foreign Bank Account Report (FBAR) Form 114? It's imperative that you are. There are stiff penalties that exist if you neglect to fill this...
Month: September 2021
What do you do if you didn’t get a 1099?
As an independent contractor and business owner, you often freelance with new clients. You expect those clients that hire you to send you a 1099 so that you can complete your taxes on time. Unfortunately, some companies and individuals don’t remember to fill out those...