In order to run more efficiently and ensure the best working relationship between the accountant/design team, we are constantly looking for ways to update our methods and make them more efficient.
Table of Contents
Do I Need to File a 1099?
If you pay independent contractors, you may have to file Form 1099-MISC, Miscellaneous Income, to report payments for services performed for your trade or business.
Year End Wrap-Up for Taxes
As the tax year comes to an end, it is imperative to have all financial statements updated and accurate for IRS filings.
Interior Design Trends Going Away & Here to Stay in 2019
Whether you are renovating your home, buying a new one or simply redecorating a room, here is everything you need to know from the designers who set the trends.
How Ivy’s Calendar Will Prepare You for What’s to Come This Year
Are you using Ivy’s Calendar? If you have Ivy but aren’t using their calendar feature, here are a few reasons why you should be.
Managing Last Minute Tax Savings For 2018
Are you closing out 2018 and realizing that your taxes are still too high? It’s not too late! There is still time to make a few last-minute moves to lower that tax bill.
Ivy Updates for Our Busy Designers
Our team of accountants created a simplified list of Ivy’s updates for our busy designers. Read below for our quick list.
New District Use Tax Collection Requirements for All Retailers
Requirements for certain out-of-state retailers. The new use tax collection requirement is not retroactive and applies only to sales made on and after April 1, 2019.
Hey California! How do you know when shipping is considered taxable?
Not certain when to tax shipping charges? Our accountants lay down the basics for shipping and when to charge to tax!
Sales & Use Tax Rates Effective: April 1, 2019
Effective April 1st, 2019, select New Sales and Use Tax Rates in CA will increase. We advise checking the cities and county where your projects are located and check if that area’s sales tax has changed.
Our Pro-tips for a Smooth 1099 Filling
With the IRS’s 1099 deadline behind us, here is what you should be doing to ensure filling goes smoothly next year.
SBA Disaster Relief: Quick Guide for Designers
The Small Business Administration (SBA) is offering Economic Injury Disaster Loans (EIDL) of up to $2 million and immediate relief in the form of EIDL loan advances of up to $10,000.
How Recent PPP Updates Affect Designers
For designers that received assistance through the Paycheck Protection Program (PPP), we have the latest information regarding the Paycheck Protection Program Flexibility Act (PPPFA).