⭐ Who Needs a 1099? A Simple 2026 Guide for Business Owners (Updated with the newest IRS rules for 2026) If you run a business, you’ll probably deal with 1099 forms at some point. The rules can feel confusing, but don’t worry — here’s an easy, friendly guide to help you understand who should get a 1099 in 2026 . Let’s break it all down in plain English 😊 💡 Who Should Get a 1099? If your business paid $600 or more  to a non-employee  during the year, you usually have to send them a 1099-NEC...

As the year winds down, most business owners are focused on finishing projects and getting ready for tax season. But there’s still time to grab some easy, legal tax deductions  that can make a real difference when April rolls around. Here are a few of my favorite year-end tax moves that are simple to use — and often overlooked. 🏡 The Augusta Rule — Rent Your Home to Your Business This one is simple and surprisingly powerful.The IRS allows you to rent your personal home to your business for...

As we get close to the end of the year, many business owners start asking: “Is there anything I can still do to lower my tax bill?” Good news — yes, there is!One of the best year-end moves you can make is to take a closer look at your retirement contributions . 🕒 Why Timing Matters Retirement plans aren’t just for the future — they’re one of the best ways to save on taxes right now . But not all contributions follow the same deadline.There are actually two types  of contributions you can...