A friendly reminder that 1099 and W2 filings must be submitted today to avoid late penalties 🧐 https://www.irs.gov/pub/irs-pdf/p509.pdf On another IRS note, did you catch the mileage reimbursement rate has increased from $0.70 to $0.725 for 2026?? Those pennies make a difference 💰 - Be sure to update your records if you bill mileage to your clients or provide any mileage reimbursements. Happy Accounting!!

If you paid more than $600 last year to a virtual assistant, marketer, graphic designer, bookkeeper or other consultant and they are not incorporated, you many need to file soon ✉️ Yep, the deadline to file 1099's is extended a few days... instead of January 31 (Saturday) you'll be able to file by Monday, February 2nd!! 👉🏽 Check out this link for more: https://www.irs.gov/forms-pubs/about-form-1099-misc