Form 1099-NEC: Your Guide to Reporting Non-Employee Compensation
Navigating Form 1099-NEC can seem daunting, but it doesn’t have to be. In this guide, we’ll walk you through everything you need to know about …
Tag: 1099-NEC
What Organizations Need to Know About Form 1099-NEC for Non-Employee Compensation
Tax season is upon us, and for many organizations, that means grappling with the intricacies of Form 1099-NEC for non-employee compensation. If you’re an organization …
Penalties for Missing the 1099-NEC or 1099-MISC Filing Deadline for 2024
Businesses need to complete and submit Form 1099-NEC by January 31 (or the following business day if it’s a weekend or holiday) to report payments …
1099-NEC DIY Guide: The Easiest Step-By-Step Guide To eFile 1099-NEC
Looking for a comprehensive DIY guide to file your 1099-NEC forms? Learn how to eFile your 1099-NEC returns online in just a few minutes with …
W-2 Vs 1099-NEC: What Should You File?
In 2019, Uber got hit with $650 Million in penalties for misclassifying their drivers as independent contractors rather than employees. Their mistake? Issuing 1099-NEC forms …
How To Send Form 1099-NEC To IRS?
Tried and tested ways to send your IRS forms to recipients and IRS efficiently before the deadlines. Form 1099-NEC is one of the most important …
Form 1099-NEC Best Practices For CPAs In 2022
Here are a few tips to consider prior to preparing your clients’ 1099-NEC forms for the 2021-2022 tax year. The life of a certified public …
Implementing Form 1099-NEC? Here’s What It Could Mean For Your Business
Here’s a rundown on the various ways Form 1099-NEC impacts businesses and their compliance ops. Embracing change can be a challenging task. If you’re a …
What Is Form 1099-NEC?
Here’s a simple guide to help you understand the basics of Form 1099-NEC, its uses, reporting requirements, and deadlines. If you’re a business owner, you …
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 calendar year comes to an …