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 ...
Employers who pay independent contractors for work that is not paid through their payrolls do not take out deductions. The contractors file their own taxes and make the payments. As a result, ...
While January 31st was a key deadline for filing Forms 1099-NEC, W-2, and other 1099 tax forms, many businesses need to prepare for another essential tax deadline-February 18, 2025. This date marks ...
NORTH PALM BEACH, Fla. (Bankrate.com) -- If you received interest or dividend income, sold a stock or worked as an independent contractor, you'll get some version of the Internal Revenue Service Form ...
If part of running your business involves receiving or making payments of more than $600 for the use or occupation of property that you own, then you are going to need to report that 1099 rental ...
Brokerage firms’ practice of issuing late and amended Forms 1099 is an increasing problem and a frustration for taxpayers and practitioners that often requires the filing of an amended return. This ...