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 ...

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 ...

If you perform services as an independent contractor, then you should receive Form 1099-MISC at the end of the year. This form will tell you who paid you and how much. One copy of the form is sent to ...

What is the 1099 Form And Do You Need to Send One Out? A full-time employee who doesn't do any work on the side wouldn’t likely see a 1099 form. Instead, they receive a W-2 form, which is typically ...

If you’re among the 75 million gig workers in the U.S. you will receive, if you haven’t already, something called a 1099-MISC. It’s one of the many 1099 statements that you might receive. But this one ...

Businesses benefited from the one-month delay in filing because it allowed extra time to correct errors. With less time to file, they’ll need to go over figures with much more scrutiny. Errors can ...

For more than 100 years, the evolution of Form 1099 has required organizations to repeatedly adjust their tax reporting and compliance strategies in order to allow the Internal Revenue Service to ...

Q: I just received a 1099-MISC form from my employer. I’ve never received this before. What is it and what am I supposed to do with it? The IRS considers any 1099 payment as taxable income. You must ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This year, the IRS moved up the filing date--for IRS copies going ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. More than a few observers are probably wondering how they too can ...