What Are Your 1099-MISC State Filing Requirements?
If your business made at least one of these payments to a 1099 vendor within the financial year, you must record the amount on Form …
Tag: 1099-MISC Form
1099-MISC Income vs Other Income Types
Form 1099-MISC reports payments made by businesses to report certain types of compensation, such as rents, prizes, awards, and healthcare payments. There are also specific …
1099-MISC vs 1099-K: Know The Difference
Note: IRS delays the rollout of the $600 threshold for 1099-K reporting.The threshold for Form 1099-K remains at $20,000 with a 200 transaction limit for …
The Simplest Do-It-Yourself Tax Guide For 1099-MISC Filers For The 2022-23 Tax Year
Learn everything there is to know about Form 1099-MISC with this useful and insightful tax guide from Tax1099. Let’s find out what’s new with the …
Difference Between Form 1099-MISC and Form 1099-NEC
Here’s a simple guide to understanding the difference between Form 1099-MISC and 1099-NEC. If you’ve been following the tax updates from the IRS, you must …
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 resources to complete a task …
eFiling Form 1099-MISC? Then You MUST Know About These NEW Updates For 2021 Tax Year
Form 1099-MISC Changes – Here are some updates to look for on Form 1099-MISC for 2021. As the 2021 calendar year comes to an end, …
1099-MISC Form Corrections Update: Exclude Subsidized CARE Act Loan Payments
Here’s a quick rundown of the new update for 1099-MISC; exclusion of subsidized loan payments authorized under the CARE Act. The IRS released an advanced …
How To File Form 1099-MISC In 2020-2021
Learn how to file your taxes for the tax year 2020-2021 with Form 1099-MISC in this step-by-step guide. Filing your tax forms is considered to …
Box-Wise Guide To Read & File Form 1099-MISC: For Businesses
A box-wise explanation to help you understand and interpret Form 1099-MISC for the tax year 2020-2021. Businesses are preparing to wind up a pretty harsh …