Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ensuring ...

Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ensuring ...

What is a Form 1099-MISC? A 1099-MISC is a type of tax form. It is used to report miscellaneous income for individuals and companies who have been paid $600 or more in non-employee service payments ...

Small-business owners commonly make or receive payments that must be reported to the Internal Revenue Service. Many of these payments are reported using Form 1099-MISC. To fill out this form, though, ...

1099-B Form 1099-B documents income from the sale of securities at a brokerage or barter exchange. If you sold stock last year, the gain or loss will be reported on a 1099-B. Even if you sold at a ...

The IRS will begin processing 2024 tax returns on Jan. 27. The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned more than $5,000 ...

I may not be the first to tell you, but don’t forget about an additional benefit of the 870-page One Big Beautiful Bill Act passed in July. As ...

My husband worked as an independent contractor and has received a 1099-MISC. Can we file Married Filing Jointly Form 1040 as usual and / or use TurboTax with a 1099-MISC? Or do you suggest getting ...

My daughter asked for a pair of throwback Nike sneakers this week to match her ringer tees and scrunchies. Not to be outdone, my son wants a DeLorean. It feels like we’re heading back to the 1980s - ...