Newsletter

It’s tax season! We know things can get a little confusing. We’re here to help.

Here’s the breakdown:

WHAT IS A 1099?

The Form 1099-MISC is an Internal Revenue Service (IRS) tax return document used to report payments made to independent contractors and freelancers during the calendar year. In general, a Form 1099 should be filed for anyone to whom a company has paid:

The IRS and Franchise Tax Board Deadlines for filing your Charter’s 2017-2018 Form 990, Return of Organization Exempt from Income Tax returns with an extension is May 15, 2019, but don’t let that scare you! With proper preparation this deadline doesn’t have to be scary.

It’s always necessary for an employee to review their paycheck. This is an ideal time of year to remind your employees, especially new hires, to review their first pay check of the school year for accuracy of the following information: Name Address Social Security Number Gross Pay Tax Withholding – Federal and state income tax should

Positivity brings reward, and it is important to recognize the special achievements of all those whose accomplishments are noteworthy. In fact, student events and activities are an essential part of the school experience, and serve to motivate and encourage our students. But what rewards are allowed in a public school setting, and what are not?

1. Misclassifying Employees by Job/Duties & Appropriate Pay (Hourly vs Salary) Any teacher must be legally credentialed in California. Teachers and administrators are exempt from overtime – most other salaried positions may NOT be exempt from overtime. For year 2020, each exempt employee must receive at least $4,506.67 per month during each month worked. If