However, employers must still report payments to independent contractors on Form 1099. Because taxes are not already withheld from the sources of income included in 1099 forms, it's important to ...

particularly when processing contractor payments during tax season. One important document is IRS Form 1096—it’s kind of like the cover letter for your 1099 forms when you're mailing in paper ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Don't wait any longer! Be the first in line to eFile with Tax1099, the most trusted IRS-authorized eFile provider. FAYETTEVILLE, AR and DALLAS, ...

Self-employed people who send and receive payments using things like PayPal, Venmo and CashApp get a special tax form, called a 1099-K. Usually though, they’d only receive one if they made at ...

And if you’re an independent contractor, you’d receive a 1099 form. Likely, you might be one of the many tax filers who have some questions about how these two important forms work.

A typical reason for filling out a W-9 is that you're an independent contractor ... of 1099 forms. 1099-G: Details unemployment compensation, as well as any state or local tax refund ...

Organize all your tax forms. This is the part that can be complicated for independent contractors, as they typically have multiple sources of income. Make sure to include all 1099-NEC forms that ...

The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...

Freelancers making $5,000 from third-party payment apps will be required to report it on their taxes. The Internal Revenue Service (IRS) now requires freelancers to report payments of $5,000 and ...