Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to ... [+] report self-employment ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...

With the January 31, 2025, deadline for 1099 filing approaching, TaxBandits, an authorized IRS e-file provider, is partnering with Sage Intacct to deliver an automated and efficient e-filing solution ...

IRS Forms 1099 for 2024 should arrive in January, reporting how much you were paid during the calendar year. Each Form 1099 is matched to your Social Security number, so the IRS can easily issue a ...

Payment apps are now required to send payment information to the IRS. If you use these apps you may owe taxes this year.

Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...

Jan. 24, 2025 /PRNewswire/ -- Halfpricesoft.com Developers unveils the new 2024 ez1099 software as a unified tax form processing solution to accurately process and file 1099 forms with the IRS.

Granted, the IRS has noted, that all income, no matter the amount, is taxable unless it’s excluded by law whether a Form 1099-K is sent ... who files a Schedule C can use the standard rate ...

More people using payment apps or online marketplaces will get a Form 1099-K for tax year 2024. That’s because the IRS lowered the threshold from $20,000 to $5,000. Read more ...