Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

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

That makes it possible for IRS collection efforts to be streamlined and automated. Failing to report a Form 1099 on your tax return (or at least to explain it) is likely to get you an IRS notice ...

Money reported on a 1099 form is generally taxable ... the threshold to $600 were originally scheduled to take effect in 2022. But the IRS delayed that requirement in December 2022 and again ...

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

Investopedia / NoNo Flores Form 1099-NEC is the Internal Revenue Service (IRS) form used by businesses to report payments made to independent contractors, freelancers, sole proprietors ...

Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-K, Payment Card and Third Party Network Transactions, an IRS information return ... [+] used to report certain ...

Empowering Accountants to Offer Added Value for SMB Clients According to the 2022 CPA.com & AICPA PCPS Client Advisory Services (CAS) Benchmark Survey, CAS practitioners indicated that 1099 ...

Form 1099 reports freelance payments ... reduce the threshold to $600 were originally scheduled to take effect in 2022. But the IRS delayed that requirement in December 2022 and again in November ...