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 ...

The IRS mandates all businesses that operate in the United States must provide 1099-MISCs to independent contractors operating as service providers to assist in their tax preparation and reporting.

Form 1099-MISC serves a record of income made outside of standard employment. A business generates the form and must send it to the recipient and the Internal Revenue Service by a specific date every ...

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 ...

File with TaxBandits before the January 31 deadline to e-file 1099, W-2, and 94x forms and ensure compliance with IRS requirements. ROCK HILL, SC, UNITED STATES ...

Korrena Bailie has over a decade of experience reporting and editing personal finance stories and reviews. Her work has been featured in Wirecutter, The New York Times, Bankrate and Credit Karma.

In the upcoming 2025 tax season, if you've received more than $5,000 in payments for goods or services via digital platforms like Stripe, Venmo, PayPal, or Cash App during 2024, you will be issued a ...

When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest income ...