Any time you make money, whether it's income from an investment or payment for doing a freelance gig, you're required to report it to the IRS and pay your share of taxes on what you earned. Generally, ...

A 1099 consultant is an outside contractor who works under contract for a company. Running a 1099 consulting company means you receive annual tax forms from various contracts listing the amount of ...

If you're wondering, "How do I do a 1099 for an employee?" just chill. 1099 forms don't go to employees, the IRS explains. They only go to nonemployees your company pays money to. You report employee ...

If you pay independent contractors $600 or more annually, you must report those payments to the IRS on Form 1099-NEC. The process is fairly simple if you only need to send one or two, but it gets more ...

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 ...

A variety of 1099 Forms are used to report income to the IRS Fact checked by Vikki Velasquez Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these ...

If it’s been a rough couple of years for you, you’re not alone. Maybe your income was cut, you lost your job, or you had large expenses like medical bills. You may have fallen behind on bills, fielded ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. DENVER (KDVR) — Many who received ...

Navigating complex IRS reporting requirements is crucial for modern digital commerce. Review the legislative impact on your ...

ALBANY, N.Y. — During the COVID pandemic, many people were either laid off or temporarily furloughed. If that includes you, before you do your taxes, you may need to get something called a 1099-G form ...

I write a political column for a place and they didn't send me a 1099 tax form because I started in the latter-half of last year and didn't get more than $600 in the calendar year of 2008. The place ...

Don't ignore an incorrect 1099. You could face tax troubles if you do. Any time you make money, whether it's income from an investment or payment for doing a freelance gig, you're required to report ...