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Tag: American Payroll Association

  • Avoid IRS Penalties With Form 1099 Tips From the American Payroll Association

    Avoid IRS Penalties With Form 1099 Tips From the American Payroll Association

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    Aaron
    in

    SAN ANTONIO, Jan. 27, 2023 /PRNewswire/ — Any business that hired an independent contractor in 2022 has until January 31 to submit Form 1099-NEC, Nonemployee Compensation, to the IRS or face penalties. New for this year, the IRS announced a new online filing portal for Forms 1099, the Information Returns Intake System (IRIS). Ensure your tax reporting is correct for 2022…

  • Number of Americans Living Paycheck to Paycheck Has Increased

    Number of Americans Living Paycheck to Paycheck Has Increased

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    Aaron
    in

    SAN ANTONIO, Sept. 14, 2022 /PRNewswire/ — Seventy-two percent of Americans would experience financial difficulty if their paychecks were delayed for a week, according to results from the 2022 “Getting Paid In America” survey conducted by the American Payroll Association (APA). This is a nine percent increase from the 63 percent of individuals who indicated they were living paycheck to…