2022 1099-K UPDATE: The IRS Brings Some Major Changes To Form 1099-K Reporting (HINT: Lowered Threshold Limits) 2022 1099-K Update – The IRS is lowering the transaction threshold for 2022 Form 1099-K reporting with a view to… Read More April 8, 2021
State-Wise Reporting Requirements for Form 1099-NEC Under Direct Or CF/SF Program – A Comprehensive Guide Business taxpayers are used to convenient tax filing procedures and programs enforced by the IRS and state tax departments. Those… Read More January 22, 2021
5 Best Practices For A Successful 1099 Season Here are the 5 best practices for a successful tax season + tips for easy IRS compliance + useful resources.… Read More January 13, 2021
1099 Reporting For Small Businesses: 5 Common Mistakes To Avoid Simple tips that help you save money and hours spent on gathering information for 1099 reporting. As the tax season… Read More January 4, 2021
Why Did The IRS Restore Form 1099-NEC For Tax Year 2020-2021? The simple change to Form 1099-MISC is the fiscal age definition of the butterfly effect. It’s as if everything from… Read More December 22, 2020
W-2 Employee or 1099: Which Is Better for Your Business? Not sure about hiring a full-time employee (W-2) or an independent contractor (1099-NEC)? This blog will help you make an… Read More December 21, 2020
How to File Form 1099-MISC in 2026: A Box-by-Box Compliance Guide Thresholds, deadlines, and e-file shortcuts—so you never pay an IRS penalty. Pre-Filing Essentials Filing Form 1099-MISC correctly and per IRS… Read More December 18, 2020
Tax1099’s New Features for Tax Year 2020-2021 API, New Forms, Integrations, and much more to be unveiled in the upcoming tax season to simplify the e-filing process.… Read More December 17, 2020
How Form 1099-NEC Replaces Box 7 on Form 1099-MISC for Tax Year 2020-2021 With Box 7 eliminated from Form 1099-MISC, the new Form 1099-NEC is where businesses have to report nonemployee compensations. As… Read More December 8, 2020
Take Advantage of Tax1099’s Real-Time TIN Matching Feature Easily verify your vendor information, avoid penalties, and file securely with Tax1099’s unique TIN matching feature. As tax year rolls… Read More November 30, 2020