Form 1099 is used to report non-employee compensation paid to independent contractors, freelancers, and service providers. Federal regulations require businesses to issue Form 1099-NEC to qualifying ...
Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...
If you’re self-employed, you’ll want to be sure the tax software you choose can handle the complexities of multiple 1099s, quarterly taxes and key business deductions. We tested and scored major ...
From self-employment tax on your side hustle to surprise bills when debt gets forgiven, these seven tax obligations catch ...
Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...
New support expands TaxBandits’ platform to include IRS Form 1099-DA digital asset reporting. ROCK HILL, SC / ACCESS Newswire / December 16, 2025 / TaxBandits, an IRS-authorized e-file provider, now ...
Large companies can spend over 100 hours filing thousands of 1099 tax forms, a “significantly more complex” undertaking than ...
Businesses can enhance compliance efficiency by preparing and scheduling information return filings ahead of IRS and SSA deadlines. FAYETTEVILLE, AR / ACCESS Newswire / December 2, 2025 / With the IRS ...
If you get paid through a third-party app, you may find an IRS Form 1099-K in your mailbox. Previously, only self-employed workers who netted at least $20,000 through Venmo, PayPal, CashApp, Stripe or ...
When it comes to voluntarily paying taxes on time to the IRS, crypto investors may not have a great record. At least, not according to an IRS review from 2023, which showed “the potential for” a mere ...