For example, Form 1099-NEC, used to report payments to independent contractors, must be furnished by February 2, 2026. As ...
The threshold for receiving a 1099-K is higher — but that doesn't mean you're off the hook if you don't get one.
You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to the IRS, ask for a “corrected” Form 1099.
It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income received outside of a permanent salaried job. This ...
The IRS's new 1099-K reporting rule is more than a tax change; it's a fundamental shift for the gig economy. Explore the ...
Illinois IDES releases 1099-G tax forms for 2025 unemployment insurance claimants, providing electronic and mail access plus support services statewide.
Unbelievably, year-end is right around the corner. The first line of business in January 2023 will be to file and issue any necessary Form 1099s. Although I am fairly new to the profession and my role ...
View post: Amazon is selling $200 AI earbuds for just $40 that translate 198 languages in real time If you are involved in a trade or business and receive payments from other people or entities, these ...
When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest income ...
Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ensuring ...