If you perform services as an independent contractor, then you should receive Form 1099-MISC at the end of the year. This form will tell you who paid you and how much. One copy of the form is sent to ...
Add Yahoo as a preferred source to see more of our stories on Google. If you've never received a 1099 form before, it's time to familiarize yourself with this important tax form. Typically, you'll ...
Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...
Raise your hand if you're anything like me and tax time kind of overwhelms you. Everyone? OK, great. Since we're all in this together, let's talk about one of the questions that defines tax time for ...
Completing an IRS Form 1099-Misc is required for a business that pays any vendor $600 or more for services in any given year. Ideally, when the contract relationship starts, the business has already ...
GREENSBORO, N.C. — 2020 had a lot of ups and downs. If you were: furloughed, laid off had lessened hours and you applied for and received unemployment benefits then you're going to need to make sure ...
As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. It is true that over time, these forms have continued to ...
Large companies can spend over 100 hours filing thousands of 1099 tax forms, a “significantly more complex” undertaking than ...