New 1099 Paper File Thresholds For The 2021 Tax Year – The Rise Of eFile & What It Could Mean For Businesses The paper filing threshold will be reduced as more tax years unfold. Learn what it could mean for your business Read More »
Tax Guide For Small Business Owners – Which Form Should You Send To Employees And Contractors? Employers must pay attention to these forms before sending them to their employees and independent contractors. When businesses need additional Read More »
New Updates To Form 1099-NEC For 2021 Tax Year Here are a few updates to Form 1099-NEC that you must know for the 2021 tax year. As the 2021 Read More »
GOOD NEWS For Gig Economy Companies: You Can Now Process 1099s More Efficiently This Tax Season With Tax1099 Here’s how Tax1099 is helping gig economy companies file their 1099 forms more efficiently this tax season. When life gives Read More »
What Is Form 1099-NEC? This Form 1099-NEC is used to report non-employee compensation; it is a new form as of the tax year 2020. Read More »
What Is Form 1099-OID? The IRS Form 1099-OID, or original issue discount, needs to be filed for multiple different reasons. The form keeps track Read More »
What Is Form 1099-S? What is Form 1099-S? It is used to report the sale or exchange of real estate transactions to the IRS. Know Read More »
What Is Form 1099-R? The Payment Settlement Entities (PSE) file a form 1099-R for payments made in settlement for a reportable payment transaction. These Read More »
What Is Form 1099-PATR? Form 1099-PATR – This form is used to report taxable distributions received from cooperatives. Cooperatives use this form to report Read More »
What Is Form 1099-K? Form 1099-K – This form is used to report merchant cards and third-party network payments. Payment Settlement Entities (PSE) use Read More »