1099 Forms IRS 1099 Filing Deadlines for Tax Year 2024 The specific IRS Form 1099 filing due date varies based on the type of form and the chosen filing method. The Read More » October 17, 2024
1099 Forms When does a Form 1099 Needs to be Issued? A guide on when and how to send someone a 1099. Explore thresholds, employer obligations, and simplified online filing options. Read More » October 17, 2024
BOI Reports Corporate Transparency Act 2024: Your Essential Guide Understand and comply with the new business Owners information reporting requirements.The Corporate Transparency Act (CTA) is a new law requiring Read More » October 3, 2024
1099 Forms How to File a Late 1099-MISC? You may miss a deadline or submit an inaccurate return while balancing multiple deadlines and different forms to file. When Read More » September 29, 2024
IRS Updates Understanding the IRS Publication 6961: 2024 CY Update The IRS has released its latest update to Publication 6961 is revised annually to update detailed calendar year projections of Read More » September 29, 2024
1099-DA IRS Releases Draft of Form 1099-DA Instructions – Understand What’s New? Digital assets are becoming increasingly popular, transforming financial markets and outpacing taxing authorities’ ability to implement compliance measures. Undoubtedly, the Read More » September 20, 2024
1099 Forms Can You Email 1099s to Contractors? If you’re going to send a contractor a 1099 and are wondering if you may send it by email legally? Read More » September 17, 2024
1099-DA Form 1099-DA: Compliance Considerations for Brokers Digital assets are becoming increasingly popular, transforming financial markets and outpacing taxing authorities’ ability to implement compliance measures. Undoubtedly, the Read More » September 10, 2024
1099-DA IRS Releases Latest Version of 1099-DA Draft for Digital Asset Reporting On August 9, 2024, the Internal Revenue Service (IRS) introduced a new version of the proposed form 1099-DA draft. There Read More » August 14, 2024
IRS Updates Reasons Why You Should Avoid Misclassifying Workers. Misclassifying workers can spell disaster for your business—costly fines, legal battles, and operational headaches. Getting worker classification right is crucial Read More » August 8, 2024
1099 Forms Complete Guide: 1099 Forms for Businesses Form 1099 is significant for businesses to report the payments made to employees and non-employees. Various types of 1099 Forms Read More » August 6, 2024
Updates How to Determine Your Worker’s Classification? Worker classification is conventionally determined by two methods common law test and the ABC test. The common law test emphasizes Read More » July 31, 2024