Forms What are the tax reporting differences between a W-2 and a 1099 tax form? Both Form W-2 and Form 1099 have a common goal: reporting the income earned by individuals throughout the tax year. Read More » December 27, 2023
Forms Use Tax1099 TIN Matching Feature To Verify Recipient TINs & Avoid B-Notices Discover how Tax1099’s powerful TIN Matching and W9/W8 request features can ensure accurate Taxpayer Identification Number verification, helping your business Read More » December 26, 2023
Accounting Softwares QuickBooks Online Plus vs QuickBooks Online Advanced QuickBooks has a significant history in the realm of accounting software. With the introduction of QuickBooks Online, Intuit has extended Read More » December 22, 2023
Forms 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 Read More » December 9, 2023
Forms Form 1099-NEC: Your Guide to Reporting Non-Employee Compensation Navigating Form 1099-NEC can seem daunting, but it doesn’t have to be. In this guide, we’ll walk you through everything Read More » December 9, 2023
1099 Forms What is Form 1099 and how do I fill out a 1099 form? A 1099 form is used as an example of a collection of documents generally referred to as “information returns” by Read More » December 5, 2023
Forms How Often Should a W-9 be Updated? Organizations may want to update the W-9 form for each vendor or payee annually or whenever there is a change Read More » November 30, 2023
Form 1099-K IRS Delays Implementation of $600 Reporting Threshold in Form 1099-K for 2023, Plans to Set $5,000 Threshold for TY 2024 The IRS has postponed the introduction of the $600 threshold for 1099-K reporting by third-party settlement organizations for the calendar year 2023, Read More » November 22, 2023
Forms What Organizations Need to Know About Form 1099-NEC for Non-Employee Compensation Tax season is upon us, and for many organizations, that means grappling with the intricacies of Form 1099-NEC for non-employee Read More » November 10, 2023
Forms A Comprehensive Guide to Deadlines for Sending 1099 Forms If you’re a business owner, you’re likely aware of the need to send 1099 forms, or you rely on your Read More » November 10, 2023
Form 1099-NEC Penalties for Missing the 1099-NEC or 1099-MISC Filing Deadline for 2024 Businesses need to complete and submit Form 1099-NEC by January 31 (or the following business day if it’s a weekend Read More » November 9, 2023
Form 1099-NEC IRS Form 1099-NEC Due Date 2024 Business taxpayers are required to file Form 1099-NEC by the due date to avoid late filing penalties. Form 1099 NEC Read More » November 6, 2023