S.P.A.R.K. -  Preparing For Year-End Compliance

The second installment in our lunch and learn educational series, designed for small business clients, presented by our Small Business Accountants and Advisors. 

As the year comes to a close, it's time to ensure your business is prepared for year-end compliance and the upcoming tax season. Hear from the Boyer & Ritter Small Business Professionals on top compliance issues for small business owners in preparation of year-end. 

Our professionals will cover essential topics to help you prepare in the essential areas of year-end compliance, including: 

• 1099s
  • Understanding the differences between NEC and MISC 1099s
  • Electronic filing requirements and what services are subject to 1099 filings
  • The importance of filling out a W-9 to identify contractors in advance 
• W2s
  • Proper reporting of 2% shareholder benefits and group life insurance on W-2s
• Year End Planning
  • Payroll bonuses and funding retirement plans
  • Depreciation strategies, including bonus and Section 179
• The importance of reconciling QuickBooks
• Corporate Transparency Act and Beneficial Ownership Information Reporting Guidelines
• Important deadlines