Will the IRS Catch a Missing 1099?
Tax compliance is a necessary aspect of running a business, and for companies who issue 1099 forms, accuracy can mean substantial fines and penalties. The …
Tax compliance is a necessary aspect of running a business, and for companies who issue 1099 forms, accuracy can mean substantial fines and penalties. The …
Both Form W-2 and Form 1099 have a common goal: reporting the income earned by individuals throughout the tax year. However, they are issued under …
Discover how Tax1099’s powerful TIN Matching and W9/W8 request features can ensure accurate Taxpayer Identification Number verification, helping your business steer clear of IRS B-Notices. …
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 …
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 …