For example, Form 1099-NEC, used to report payments to independent contractors, must be furnished by February 2, 2026. As ...
Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...
PROVIDENCE, R.I. (WPRI) — The Internal Revenue Service (IRS) announced it will not enforce the updated 1099-K tax form this season. The updated 1099-K form lowered the transaction threshold for ...
The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...
Closeup of Form 1099-K, Payment Card and Third Party Network Transactions, an IRS information return used to report certain payment transactions to improve voluntary tax compliance. It’s that time of ...