It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income received outside of a permanent salaried job. This ...
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, ...
A new online portal where businesses can file Form 1099 series information returns for free is now open, the IRS said Wednesday. The Information Returns Intake System (IRIS) is available to businesses ...
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 ...
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 ...
If you earn money from selling products or services through a third-party provider, like PayPal, you must report that money to the IRS. Learn how to fill out a PayPal 1099. While there are multiple ...
Tax season is officially underway in the United States and according to the Internal Revenue Service, more than 140 million individual tax returns for 2024 are expected to be filed ahead of the ...