by Tracy Sanda | Aug 17, 2026 | Accounting, Tax
Recent federal tax legislation introduced new deductions related to qualified tip income and overtime pay. These changes may benefit eligible employees while also creating additional reporting responsibilities for employers. At Senter CPA, we are helping both...
by Jordan Middleton | Aug 10, 2026 | Accounting, Tax
The reporting amount threshold has increased. Yes, you read that right! The old $600 filing requirement for 1099-MISC & 1099-NECs has been increased to $2,000, with some minor exceptions. To jog your memory, if you need it, you are required to file 1099s to those...
by Lisa Haiss | Aug 3, 2026 | Accounting, Tax
Summer is a good time to check in on your finances. The year is already halfway over, which makes it easier to see what’s working and what might need attention. Maybe your income has changed. Maybe you’ve spent more than expected or fallen behind on a...
by Tracy Sanda | Jul 27, 2026 | Accounting, Tax
If you’re self-employed, a freelancer, or a small business owner, quarterly estimated tax payments are an important part of staying current with your federal tax obligations. Because taxes typically aren’t withheld from self-employment income, the IRS...
by Matthew Senter | Jul 20, 2026 | Accounting, Tax
Every couple of years, I spend part of my summer leaving the office. That probably sounds strange coming from a CPA. Most people picture accountants sitting behind a computer all day, buried in tax returns, financial statements, and spreadsheets. To be fair, that is a...
by Marisa Kruszewski | Jul 13, 2026 | Accounting, Tax
Moving into a new home is an exciting milestone, but one important task is often overlooked: updating your address with the IRS. Keeping your mailing address current helps ensure you receive important tax notices, refunds, and other correspondence without unnecessary...