Many settlement agreements don't say anything about tax forms. Yet many defendants issue a Form 1099 to the plaintiff, and a Form 1099 to the lawyer, often each for 100%.
Among the many changes included in the One Big Beautiful Bill Act (OBBBA) is one relevant to brands and agencies running ...
For example, Form 1099-NEC, used to report payments to independent contractors, must be furnished by February 2, 2026. As ...
You can shift to self-employment tax and quarterly estimated payments with these smart tech solutions and strategies.
Tax season is well underway, and that means you should have received one or more income statements from employers or any other entities that paid you income in 2024. IRS rules state that all tax ...
A 1099 form is used to document income received outside of a permanent salaried job. This includes money earned from gig work, interest, a real estate sale or a distribution from a tax-leveraged ...
IRS January 31 deadline passed: The Internal Revenue Service (IRS) began processing over 270 million information returns this ...
Tax2efile.com, an IRS-authorized online tax filing service provider, is thrilled to announce its enhanced services for the 2024 tax season. HERNDON, VA, USA, January ...
If you regularly work with independent contractors or vendors, you’ll probably need to send them Form 1099 at the beginning of the year. There are over 20 types of 1099 forms, but fortunately, most ...
This tax year millions of independent workers will receive Form 1099-NEC in the mail or electronically — prompting questions of what it is and how to use it for taxes.