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Tag: Tax One

Tax Changes for Individual Contractors, Charitable Donors

Tax Changes for Individual Contractors, Charitable Donors

by Christi Foist | Oct 13, 2026 | Featured, Finance, News, Professional Services

Some non-employee compensation (1099-NEC) and miscellaneous payment (1099-MISC) situations demand careful attention from independent contractors or other freelance workers, and from businesses that pay them.

Carry On, My Forward Loss: Reducing Taxes on Net Profits

Carry On, My Forward Loss: Reducing Taxes on Net Profits

by Christi Foist | Aug 24, 2026 | Finance, Magazine, Professional Services

Carryforward loss lets businesses apply net losses toward future tax years, essentially paying taxes on an average annual income. Learn more about appropriately taking advantage of this tax provision.

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