Tax1099 Updates Do’s and Don’ts of 1099 Contractor Payments and Tax Reporting Independent contractors are a valued asset to organizations because of their experience, expertise, and ability to work when needed. However, Read More » March 21, 2025
BOI Reporting When Should You Submit an Updated BOI Report? BOI, or Beneficial Ownership Information Report, is a report that is required to be filed with the Financial Crimes Enforcement Read More » March 19, 2025
1042 Forms What are Form 1042-S Exemption Codes? What Are Form 1042-S Exemption Codes? Form 1042-S, Foreign Person’s U.S. Source Income Subject to Withholding, is used to report Read More » March 17, 2025
1042 Forms Guide: Form 1042-S Filing Instructions for 2024 Tax Year Form 1042-S requires detailed reporting of US-sourced income, withholding amounts, and recipient information. A filer must complete both pages and Read More » March 11, 2025
1042 Forms Form 1042 Due Date for 2025 | 1042-S Deadline Tax compliance is essential for businesses and financial institutions making payments to foreign persons. Among the key IRS forms required Read More » March 10, 2025
Form W-9 What is FATCA reporting? How does it apply to Form W-9? When it comes to working with vendors outside of your business, your IRS tax requirements become a bit more complex. Read More » March 7, 2025
Form W-9 Form W9 Filing Instructions and Latest Updates IRS Form W-9, officially titled Request for Taxpayer Identification Number (TIN) and Certification, is a fundamental tax document for businesses Read More » March 6, 2025
Form W-9 Understanding IRS Form W-9 and its Purpose For businesses working with independent contractors, freelancers, or vendors, IRS Form W-9 is a crucial document for tax reporting. Ensuring Read More » March 5, 2025
Form W-9 Why does your business need to request Form W9 from vendors? When you begin working with a contractor or freelancer that you will be paying, you should request that the contractor Read More » March 4, 2025
Updates March E-Filing Deadlines for Businesses Tax season is in full swing, and March 2025 is crunch time for businesses navigating IRS e-filing deadlines. With various Read More » March 2, 2025
Form W-9 Request and Complete Form W-9 Online with Tax1099 Fill out, share, and print your W-9 Forms online with Tax1099! One of the most essential elements of making payments Read More » March 1, 2025
Tax Withholding What is Backup Withholding? What happens if TIN is Incorrect? Hiring independent contractors is a great way to scale your business, but it comes with tax responsibilities. One of the Read More » February 28, 2025