A Comprehensive Guide on How to Verify W-9 Information
Do you know a study conducted by payroll software provider Gusto in 2022, found that 34% of businesses said they had experienced fraud related to …
Do you know a study conducted by payroll software provider Gusto in 2022, found that 34% of businesses said they had experienced fraud related to …
Navigating Form 1099-NEC can seem daunting, but it doesn’t have to be. In this guide, we’ll walk you through everything you need to know about …
A 1099 form is used as an example of a collection of documents generally referred to as “information returns” by the Internal Revenue Service (IRS). …
Organizations may want to update the W-9 form for each vendor or payee annually or whenever there is a change in the vendor’s or payee’s …
The IRS has postponed the introduction of the $600 threshold for 1099-K reporting by third-party settlement organizations for the calendar year 2023, citing the need for additional …
Tax season is upon us, and for many organizations, that means grappling with the intricacies of Form 1099-NEC for non-employee compensation. If you’re an organization …
If you’re a business owner, you’re likely aware of the need to send 1099 forms, or you rely on your accountant to do it for …
Businesses need to complete and submit Form 1099-NEC by January 31 (or the following business day if it’s a weekend or holiday) to report payments …
Business taxpayers are required to file Form 1099-NEC by the due date to avoid late filing penalties. Form 1099 NEC Deadlines / Due Dates Action Deadline Furnish …
The IRS Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return, is used to report FUTA taxes to the IRS. Employers must submit Form 940 …