News

The House of Representatives and the Senate have both proposed changes in the reporting thresholds for Form 1099-K and Form ...
Under updated IRS rules, third-party payment processors must now issue a 1099-K for total transactions exceeding $600 annually - a steep drop from the previous $20,000 threshold. That change ...
The ones you're most likely to use in your business are the 1099-MISC and 1099-NEC. Do I Give a 1099 to an Exempt Payee?. Even though a contract employee or service provider... Do 1099s Have to Be ...
Internal Revnue Service form 1099 does the same thing as a W-2 tax form -- it tells people how much taxable income they made. It covers dividends, payments for freelance work and other income that ...
If you receive Social Security benefits, you probably know about the SSA-1099 or SSA-1042S tax form. Each January, the Social ...