It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income received outside of a permanent salaried job. This ...
Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...
Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to ... [+] report self-employment ...
There are nearly two dozen different kinds of 1099 forms, and each reports a different type of income to the IRS.
Will you recognize the Form 1099-K when you receive it from one or more third-party marketplace providers this year?  A few ...
You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
Businesses must meet the February 18, 2025 deadline to furnish recipient copies of Forms 1099-B, 1099-S, and 1099-MISC (Boxes 8 and 10) ...
The Trump administration is expected to cut thousands of IRS jobs as part of efforts to reduce the size of the federal workforce.
The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One ...
This is the big one. April 15 is the deadline to file your federal income tax return for 2024 unless you request an extension ...
When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax ...
The most important of these is the W2—a wage and tax statement from your employers—but there’s also an alphabet soup of 1099 forms to watch out for. Maybe you received Form 1099-DIV?