Westfield, MA 01085 USA

Tag: Business Taxes

Local providers in the entire state of Massachusetts

Guide to Forms 1099: Essential Information for Businesses and Individuals

Forms 1099 are vital for reporting various types of income other than wages, salaries, and tips. This guide by Drenen Financial Services explains the different types of Forms 1099, their importance, and how to complete them accurately. By understanding and properly filing these forms, businesses and individuals can ensure compliance with IRS regulations, avoid penalties, and accurately report all sources of income. Contact Drenen Financial Services in Westfield, MA, for expert assistance in tax preparation and financial planning.

Filing Form 720: A Guide to the Quarterly Federal Excise Tax Return

Navigating the complexities of Form 720 can be challenging for businesses. This comprehensive guide from Drenen Financial Services in Westfield, MA, explains everything you need to know about filing the Quarterly Federal Excise Tax Return. From understanding who needs to file and when it’s due, to common mistakes to avoid, our expert advice ensures you stay compliant and avoid penalties. Contact us at office@drenenfs.com or 413-569-0015 for personalized tax assistance.