When you own your own small business, one of the biggest challenges about tax season is the pile of receipts that need to be gone through. It can be difficult to know what to keep and what you can throw away when it comes to receipts. Mark Dicus & Company is here to shed some…
Part of owning and running a business, large or small, is dealing with contractors and vendors that help keep your business running. If you are a vendor or subcontractor, you are required by the IRS to fill out a Form W-9 for every business that you work with to avoid penalties. If you are at…
Anyone in the business world knows that bookkeeping and accounting are both essential parts to running a successful business. If you aren’t that experienced in business, you may not realize there is much of a difference between these two roles. Bookkeeping and accounting have different roles that compliment each other and work together to help…
Perhaps surprisingly, there are quite a few businesses that are looking to expand. Even small businesses can find the silver lining amidst the gloom despite the fact the economy has been hit hard by the pandemic. If you are looking to expand, we at Mark Dicus & Company would like to offer worthwhile accounting advice…
Divorce is difficult for a number of different reasons. If you experience a divorce, something you may not have given much thought about is filing your taxes. Filing your taxes without a spouse is sure to look different just like much of your life now. To help you navigate some of the changes you will…
There have been several stimulus payments made to many Americans this past year. Now, beyond that, we can expect to start seeing a change in the way the IRS gives you the child tax credit. Many people are confused at what this means for them and their finances. Mark Dicus & Company is here to…
When you are filing your taxes, there are often going to be mistakes that happen. Because the IRS knows that accidents happen, they have given you a way to make your mistakes right. When you make a mistake, you will need to file an amendment to your tax return to make any mistakes you made…
If you are like most Americans, COVID-19 has not been kind to your pocketbook. It’s no wonder so many of us are now facing tax debts that we need to figure out how to pay. While the IRS doesn’t have the best reputation with most Americans, they have tried to make an effort to help…
When it comes time, one of the most confusing and frustrating forms for a business owner to file seems to be the 1099 forms. It seems like every few years the 1099 form changes, making this form even more exasperating. There are times that a business owner may fail to file their 1099 forms, hoping…
It’s no secret that this year has been tough for everyone. Many people have seen significant changes in their finances through all of this. Whenever you go through major financial changes like suddenly becoming unemployed or getting furloughed, it can leave you with significant changes to your taxes as well. If you aren’t well versed…
