When Do You Need to File a 1099? Form 1099 is strictly for business payments, not for birthday gifts, office

What Is An S-Corporation? An S-Corporation (S-Corp) is a domestic corporation that chooses “pass-through” tax treatment. Instead of paying federal

What Is Form 1099-MISC? Form 1099-MISC is used to report payments made by payers to non-employees in the course of

Form 1042-S reports U.S. source income and amounts withheld paid to foreign persons such as nonresident aliens, foreign corporations, foreign

Any payer, such as businesses, educational institutions, or financial platforms, that makes payments to non-U.S. persons must file Form 1042-S

What Is Form 1095-B? Form 1095-B reports minimum essential coverage (MEC) provided by a payer to individuals and their families

Learn the step-by-step process for IRS Compliance rules for reporting contractor payments of $600 or more. Businesses use the 1099