Well, the IRS has! Everything old is New Again. The 1099-NEC was last used in 1982, and the IRS revived it in 2020. The IRS has taken Non-Employee Compensation out of the 1099-MISC and reintroduced the form 1099-NEC. The 1099-NEC…
The IRS has taken Non-Employee Compensation out of the 1099-MISC and created a new form 1099-NEC for 2020. The 1099-NEC is to be used only for reporting independent contractor payments of $600 or more in the course of trade or…
Santa Barbara County Health Department placed a new order on essential businesses, effective April 24, 2020. Here is a summary of the requirements: Certain essential businesses may open with modifications to their operations and social distancing protocols. These essential businesses…
Companies’ and workers’ priorities have changed during the coronavirus pandemic. What will "business as usual" become in this place of "new normal"? Reopening won't be as simple as switching on the lights and welcoming employees back to their desks. Take…
We are all facing challenging times both personally and professionally. The Accountability Plus office is open for business, minimally and safely staffed, while our entire bookkeeping workforce is working remotely. We have assembled an Accountability Plus CARES ACT TASK TEAM…
The new Families First Coronavirus Response Act (FFCRA) requires covered employers to provide employees with paid sick leave and expanded family and medical leave for specified reasons related to COVID-19. All employers covered by the FFCRA must post the notice in…
Making it easier for you - California law firm Ervin Cohen & Jessup has released a COVID-19 Benefits chart that guides you in determining which state and federal benefits apply to employees, depending upon the scenario for the employee. The…
To help you keep your venture going, we've pulled together information from trusted sources. You'll find state, federal, and local resources, specific to your challenges and particular business strategy. We invite you to review the following weblinks: California EDD FAQs…
Good News! In response to the coronavirus, the Treasury Department and IRS have announced that the income tax filing deadline for tax year 2019 has now been extended to July 15, 2020. Earlier this week, Secretary Munchin announced the extension…
Cal Chamber offers a jam-packed informational resources page about COVID-19. It includes links to federal, state and local resources. Explore the page here.
You are invited to join the Accountability Plus News email list. Sign up to receive notifications on news and happenings.
We keep you in balance
We’re the bookkeeping firm CPA’s trust
Contact Us
115 S. La Cumbre Lane Suite 100
Santa Barbara, CA 93105
Tel: (805) 899-1936
Fax: (805) 899-4126
Navigation