Tag Archives: IRS

All that you need to know about filing Form 1099-MISC

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The 1099-MISC, a form used to report the income businesses pay to contractors, is a common way to report the payments you make in your line of business to the IRS. Continue reading →

The shutdown is tripping up real estate deals across the country

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With no end in sight to the shutdown — which began in December and hinges on political leaders disagreement over funding for a border wall — Realtors say the dire affects are seeping into more and more corners of the industry. Continue reading →

Reminder: The deadline to file your 1099-MISC forms is Jan. 31

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The deadline for employers to report payments to contract workers on form 1099-MISC along with W-2 and W-3 forms is January 31. Continue reading →

Mortgage Bankers Association appealed directly to Treasury for relief during shutdown: Report

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After lobbying from the mortgage industry, the IRS is once again verifying the incomes of mortgage applicants despite a government shutdown and some questions about the fairness of reopening just one part of the agency. Continue reading →

How the government shutdown is impacting home buyers

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A partial shutdown of the U.S. Government has entered its sixth day as both Democrats, Republicans and President Donald Trump dig in their heels over partial funding for a wall or partition structure along a small portion of the U.S. southern border an… Continue reading →

Trump admin proposes new tax-break rules for developers

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The Trump Administration proposed new guidelines Friday that would create tax incentives for developers to build in so-called “Opportunity Zones.” Continue reading →

Disaster victims can now find a safe haven in low-income housing

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Housing units normally set aside for low-income residents can now be used to house persons displaced by Hurricanes Florence and Michael and other disasters without regard to their incomes. Continue reading →