Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these payments are ...
Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...
A Time and Place for Everything By Mary C. Walsh As the tax filing season looms, employers must ensure compliance with ...
The IRS will begin processing 2024 tax returns sometime during late January 2025. The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who ...
Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to report self-employment income instead of Form 1099-MISC as traditionally had been used. If you received ...
Tax professionals warn that missing or incorrect 1099 forms do not prevent the IRS from calculating income and issuing tax bills. IRVINE, CA / ACCESS Newswire / January 5, 2026 / Many taxpayers assume ...
Tax professionals say freelancers and independent contractors often underestimate how long unreported income can remain on ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 3 years old. Closeup of Form 1099-NEC, ...