Discover 16 last-minute 1099 tax deductions for independent contractors. From home office to business insurance, these deductions can save you money.

A 1099-K form is issued by credit card companies and third-party settlement organizations (TPSOs) — think payment apps and ...

Independent contractors, the IRS, and some state governments need 1099 forms. Learn how to report non-employee compensation.

NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 tax deductions as you can take.

If you’re a freelancer, business owner, or just have a small side hustle, you should know about the new tax requirement this year for electronic payments through Venmo, PayPal, online ...

Editor’s note: The following was written by Shannon Sand, regional Extension educator for the University of Nebraska, for the university’s Center for Agricultural Profitability website.

The scam targets people searching for free online tools to convert documents. The Federal Bureau of Investigation (FBI) Denver Field Office has issued a critical warning about a rise in ...

Taxpayers who received more than $5,000 in payments for goods and services through an online marketplace or payment app in 2024 should expect to receive a Form 1099-K PDF in January 2025.

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.

Other types of income, whether from contract work or investment income, get reported via a 1099 form. These 1099 forms ... with a money market mutual fund, online savings account, or CD.

Payments can be made from payment apps or online marketplaces. Any money made from this is considered taxable. The following is why you could get a 1099-K form, according to the IRS: A payment app ...