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

WASHINGTON— Uber and DoorDash are pressing Republican lawmakers to expand President Trump’s no-tax-on-tips promise beyond ...

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 ...

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 ... owners may receive a 1099-MISC, which documents income received from ...

Don't panic. Here's what you need to know about this tax from. The IRS said the 1099-K form is a report of payments you received for goods or services during the year if you made any money or ...

But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.

What Is Form 1098: Mortgage Interest Statement? Form 1098 is a tax document that homeowners will receive if they pay $600 or more in mortgage interest over the course of a year. Your mortgage ...

your clients should send you a Form 1099-NEC instead of a Form 1099-MISC in the mail. (Learn more about the 1099-NEC.) You might receive Form 1099-OID if you bought bonds, notes or other financial ...