ROCK HILL, SC / ACCESSWIRE / March 29, 2022 / Businesses have many IRS filing obligations to meet throughout the year and a few of these fall during March. Employers that need to report certain ...
The new-for-2022 law change that sharply reduced the reporting threshold at which third-party payment settlement entities must issue a Form 1099-K, Payment Card and Third Party Network Transactions, ...
ROCK HILL, SC / ACCESSWIRE / January 31, 2022 / Businesses across the nation that hire employees and independent contractors only have a few hours to file and mail their Forms W-2 and 1099-NEC. All ...
One law provision new for tax years beginning in 2022 and after that could catch many individual taxpayers by surprise — particularly those in the “gig economy” — is the much lower threshold at which ...
Unbelievably, year-end is right around the corner. The first line of business in January 2023 will be to file and issue any necessary Form 1099s. Although I am fairly new to the profession and my role ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Nov 21, 2022, 09:23am EST This article is more than 3 years old.
Most of us do not like receiving IRS Forms 1099 in the mail. They can be painful reminders that you have to pay taxes. The deadline is Jan. 31 for mailing Forms 1099 to taxpayers and to the IRS. So ...
CORPUS CHRISTI, TX / ACCESSWIRE / December 13, 2022 / Starting in January 2023, the Internal Revenue Service (IRS) and Social Security Administration (SSA) will implement several significant changes ...
Selling on the likes of Etsy and eBay? The IRS doesn't want you to forget its share from your wares. Under the American Rescue Plan Act, people who sell goods or services on platforms like Etsy, eBay ...
Update: This amendment did not make it onto the list of amendments that were voted on when the Senate passed the bill on Thursday, December 22, 2022. The omnibus bill is being sent to the house where ...
With the passage of the U.S. infrastructure bill in November, “crypto brokers” (i.e., cryptocurrency exchanges and other third parties that facilitate the transfer of digital assets) will be required ...