Why Did The IRS Restore Form 1099-NEC For Tax Year 2020-2021? The simple change to Form 1099-MISC is the fiscal age definition of the butterfly effect. It’s as if everything from… Read More December 22, 2020
W-2 Employee or 1099: Which Is Better for Your Business? Not sure about hiring a full-time employee (W-2) or an independent contractor (1099-NEC)? This blog will help you make an… Read More December 21, 2020
How to File Form 1099-MISC in 2026: A Box-by-Box Compliance Guide Thresholds, deadlines, and e-file shortcuts—so you never pay an IRS penalty. Pre-Filing Essentials Filing Form 1099-MISC correctly and per IRS… Read More December 18, 2020
Difference Between An Employee And An Independent Contractor When it comes down to a company appointing someone to perform a particular task, the best two options are usually… Read More November 18, 2020
1099 Forms What Is Form 1099-NEC? If you are wondering which IRS form you need to file to report nonemployee compensation, it is Form 1099-NEC. This… Read More September 17, 2020
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 September 16, 2020
1099-R What Is Form 1099-R? The IRS has made it mandatory to report different types of retirement-related payments to be reported on Form 1099-R. This… Read More September 15, 2020
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 September 15, 2020
What Is Form 1099-G? Form 1099-G – This form is used to report certain government payments. Federal, state, and local governments use this form… Read More September 11, 2020
1099 Forms What Is Form 1099-DIV? Form 1099-DIV is filed by banks and financial institutions to report dividends and other distributions to taxpayers. What is Form… Read More September 10, 2020