Jeff Edwards Talks Taxes!

01/16/21 • 4 min

Jeffery Edwards discusses the new tax form 1099-NEC, None Employee compensation which goes out to sole proprietors, those who preform services for you, those need to be sent by you, which replaces the line on the 1099-MISC about paying contractors, reporting fees, commissions, prizes, awards, and other compensation for services. Anyone that receives compensation in excess of $600, should receive a 1099-NEC or a 1099-MISC. When dealing with a corporation should not receive a 1099-NEC or a 1099-MISC, however all lawyers still received these forms. Stay tune to hear more! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Previous Episode

Harvey Blankfeld and Cynthia Ward Discuss 2021 Economic Forecast

Nevada Business Magazine 2021 Economic Forecast - economist predict the roll - out of the Covid-19 vaccine will lift quarantine and instill consumer confidence. Recover was underway in December prior to the vaccine being released. Economic variables - gaming revenue, visitor volume, hotel occupancy rates, taxable sales and employment were back to about 50% of the February peak. John Restrepo from RCG Economics said, "We won't be seeing a full recovery until about 2024. We will continue to have a rough 2021 whereas 2022-2023 will be the rebuilding period." The hospitality industry will not be at 100% until people have the money to come here and until they feel comfortable. What does your normal look like? As we are living with this "new normal" there will be more people that are accustomed to keep wearing the mask soon after this. Stay tune to hear more! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Next Episode

Harvey's Monthly Market Update

Charts on the radio! For the month of January 2021, we had 4,336 SFH on the market, last month we had a little less inventory at about 3,987. While we have 5,122 under contract for this month and 5,252 for last month. Where as last year we were at 3,039 under contract. The chart shows that from 2019 to 2020 we have sold nearly the same amount of homes. We have the smallest amount of inventory in the last 10 years. In December 130 homes sold that were over a million dollars. Stay tune to hear more! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/