On Monday, May 25th, we will celebrate Memorial Day in honor of all the brave men and women who have made the ultimate sacrifice while defending our country. As we prepare to remember our fallen heroes, Payroll Partners would like to remind you that since Memorial Day...
The One Big Beautiful Bill Act (OBBBA) has been getting a lot of attention—especially for its promise of tax relief on overtime and tips. But for small business owners, the real impact goes far beyond taxes. While there are some potential benefits, the day-to-day...
For decades, the $600 threshold has been the standard for issuing 1099 forms. If you paid a contractor or vendor $600 or more in a year, a Form 1099-NEC or 1099-MISC was required. That is changing. Under the One Big Beautiful Bill Act (OBBBA), signed into law in 2025,...