Ten Key Inc. Accounting and Bookkeeping

12/12/2021

1099 and 1096 Forms: Why and when does your small business need to file them?

Proper preparation is a must for all taxpayers but if you own a small business, there are a few additional steps you need to take to get ready for tax season—and, depending on your business, that may include IRS Forms 1096 and 1099.

But what, exactly, are IRS Forms 1096 and 1099? Does your business need to submit both forms or even either to the IRS? And, if so, how do you fill out the forms—and when do you need to submit it to the IRS? Sit back as we answer all these questions and more.

If you own a small business, You may need to file IRS Forms 1096 and 1099 for tax season depending on your business and how you pay employees and contracors.

12/10/2021

The end of the year is a busy time for tax preparers and bookkeepers. Accountants must have all tax records for their clients gathered to file timely tax returns. Since tax laws constantly change, tax preparers must stay on top of changes throughout the year in order to be sure that tax forms will be correct by the time tax season comes around again. At the end of the year, this task becomes even more complex as accountants attempt to complete all tax records and return filings within a few weeks. When tax records and tax return filings are prepared correctly, business owners will have the peace-of-mind knowing that their taxes are properly taken care of, thus allowing them to focus on the other aspects of running/managing their business.

Tax preparers and bookkeepers may work more closely at the end of the year to file your business taxes on time, but their job really lasts all year.

10/01/2021

What is a Bookkeeper?
A bookkeeper is someone who records the financial transactions of a business. They take care of things like budgeting, taxes, and payroll. Bookkeepers are essential to any company that needs to keep track of finances-especially if they want to save time or money! A bookkeeper is a crucial but often invisible support system for most businesses.

Learn More > https://www.tenkeyinc.com/what-does-a-bookkeeper-do/

07/27/2017

Do you have an entrepreneurial mindset?

At Ten Key, Inc., we work with a lot of entrepreneurs. We love helping people succeed in starting or growing a business, supporting them through the good days and tough days, and seeing their excitement when a new idea strikes. Over the years, we’ve seen a lot of successes and we’re proud to be a pa...

04/28/2017

It’s never too early to start preparing for next tax season

Phew! Another successful tax tax season is wrapped and in the books, but we’re not kicking up our heels just yet. Now is the perfect time to start preparing for next year’s tax season. You have a lot of time to make changes that can have significant impact on your tax liability, and also make the pr...

03/28/2017

Ten Key Inc. News

If you’re a small business owner, you’ve looked into lending at some point. Maybe you obtained an SBA loan to start your business, or asked a family member for a loan to tide you over during a slow season. Even if you bootstrapped your original business, you may have needed a bank loan to expand or…

02/14/2017

Cash Flow Tips and Tax Filing Deadlines

Tax season is in full swing here at Ten Key, Inc. Be sure to get your tax organizers in so we can take care of your tax filing early or on time! If you’re wondering about this year’s tax filing deadlines, check out our blog. Our

01/19/2017

Important: Deadline changes for Form 1099s

Did you make a New Year’s resolution to get your taxes done early? Then you’re in luck! At Ten Key, Inc., we’re here to help make it happen with tax tips and tax filing services.

12/30/2016

Here's to wishing all of you a Happy New Year may 2017 be the best year yet filled with warmest wishes and success!

12/28/2016

Don’t just wait for next year’s tax bill. Do something about it now! Follow these three tips: http://ow.ly/m7PD307jjBk

With year end fast approaching, many of our clients are looking ahead to next year’s taxes. You may be wondering if there is a way to minimize your...

12/27/2016

With 2017 next week, now is a great time to set SMART goals for success: http://ow.ly/eIiS306Jgrg

Every year, you set goals and hope to achieve them. But are you setting the right goals for your business? To set goals that will give you a sense...