Form 1099-K $600 Threshold Delayed
Third-party settlement organizations are required to report payments made within a trade or business to both the IRS and recipients using...
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BrightBooks Expert
- Dec 21, 2023
- 3 min
A Guide to IRS Form 1099
IRS Form 1099 is a series of tax documents designed to record various payments made by individuals or businesses. These payments...
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BrightBooks Expert
- Oct 18, 2023
- 2 min
Fundamentals of a Franchise Disclosure Document (FDD)
Many successful businesses begin through franchising. The first thing you will receive when you are considering the purchase of a...
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BrightBooks Expert
- Oct 2, 2023
- 2 min
Suspense Versus Clearing Accounts in Bookkeeping
The Suspense Account A suspense account is a tool that can be utilized for different purposes depending on the business context....
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BrightBooks Expert
- May 30, 2023
- 3 min
Bookkeeping Essentials for Business Startups
Bookkeeping is the process of systematically recording, maintaining, and organizing financial transactions and records of a business. It...
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