Can a self-employed individual delay RMDs from their SEP-IRA retirement account because they're still working? It depends.
Questions continue to arrive in my email about required minimum distributions from retirement accounts, and with good reason, considering the amount of change for RMD-related regulations that came ...
In the U.S., many people file crypto taxes using 1099 forms. This guide covers the various 1099 forms you should know about.
You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...
When businesses pay a nonemployee, such as a freelancer or independent contractor, $600 or more in a year, they must file Form 1099-NEC ... Revenue Service. "Instructions for the Requester ...
Income at or above those thresholds would trigger a Form 1099-K, or report of payments you received for goods or services during the year. The law was supposed to go into effect in 2022 but was ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.