Blue Moon, CPA, PA

Peace of mind builds loyalty.

If you use workers other than employees to perform services for your business in 2025 and pay them $600 or more for the year, you are required to issue each of them a Form 1099-NEC after the end of the year to avoid facing the loss of the deduction for their labor and expenses.

www.bluemooncpa.com This is our annual reminder that if you use workers other than employees to perform services for your business and pay them $600 or more for the year, you are required to issue each one a Form 1099-NEC after the end of the year to avoid facing the loss of the deduction for their labor and expenses.....

From retirement contributions to emergency funds, here are the smartest year-end financial moves for every generation--so you can finish the year stronger and start 2026 on solid ground.

www.bluemooncpa.com

Wednesday Wisdom from your friends at Blue Moon CPA PA

Get prepared for tax season with key record-gathering tips, 2025 changes, new deductions, and guidance to help you file accurately and avoid missing opportunities.

www.bluemooncpa.com

A little inspiration from Blue Moon CPA PA to start your week.

Strategic partnerships bloom into long-term profits.

Learn the real difference between capital expenditures (CapEx) and operating expenses (OpEx)--and why it matters for your business's cash flow, taxes, and strategy.

www.bluemooncpa.com

It is a common practice this time of year for employers to give their employees gifts. Where a gift is infrequently offered and has a low fair market value, it would be treated as a de minimis fringe benefit. As such, it would be tax-free to the employee, and its cost is tax deductible by the employer.

www.bluemooncpa.com It is common practice this time of year for employers to give their employees gifts. Where a gift is infrequently offered and has a fair market value so low that it is impractical and unreasonable to account for it, the gift’s value would be treated as a de minimis fringe benefit. As such, it woul...

Behind on taxes or owe the IRS? Whether you're an individual or a business owner, learn how to fix tax problems during the IRS furlough and before penalties pile up.

www.bluemooncpa.com