There’s a new IRS form for business taxpayers that pay or receive certain types of nonemployee compensation (Form 1099-NEC), and it’s due soon.
1099 Forms Due to Recipients Soon
Tag: 1099
Gig Workers: Know your Tax Responsibilities
For taxpayers who’ve turned to gig work this year it’s critical to understand the income tax responsibilities for gig workers.
Worker Classification: Classify Carefully as IRS Continues to Scrutinize Independent Contractors
The classification of workers as independent contractors or employees has significant implications — both tax and nontax — for all businesses.
Small businesses: Get ready for your 1099-MISC reporting requirements
A month after the new year begins, your business may be required to comply with rules to report amounts paid to independent contractors, vendors and others.