If you pay independent contractors $600 or more annually, you must report those payments to the IRS on Form 1099-NEC. The process is fairly simple if you only need to send one or two, but it gets more ...

REDMOND, Wash., Dec. 30, 2024 /PRNewswire/ -- Halfpricesoft.com, a leading provider of small business payroll and tax software, announces the release of ezW2 2024, a comprehensive tax preparation ...

Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ensuring ...

FAYETTEVILLE, AR / ACCESSWIRE / January 25, 2023 / Tax1099 is here to remind you that the IRS 1099 deadline is right around the corner. January 31st, 2023, is when all 1099-MISC, 1099-K, 1099-NEC, ...

Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ensuring ...

The new 1099-NEC form from the IRS will cause substantial changes to filing requirements for businesses paying independent contractors. Tax1099.com has prepared in advance to support businesses of all ...

For the 2020 tax year, the Internal Revenue Service (IRS) moved reporting of certain nonemployee compensation, including current and deferred compensation paid to independent contractors and corporate ...

For businesses across America, it’s that time again to think about the necessary IRS paperwork. But there have also been some changes, as should be no surprise. One is regarding the 1099-MISC form.

The Internal Revenue Service has revived Form 1099-NEC to eliminate confusion about complying with new filing deadlines aimed at combatting fraud. The Internal Revenue Service (IRS) released its final ...