Sovos, the always-on compliance company, today announced the launch of 1099 Professional, a new solution designed to simplify tax information reporting for small and medium sizes businesses (SMBs).

Offering comprehensive capabilities including IRS eFile, print and mail services, 1099-NEC direct-state reporting and Form 1042 Modernized eFile reporting, users can handle their 1099 reporting ...

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 ...

You can also look up more information about each form at IRS.gov. For example, if you’re self-employed, you generally report your income from 1099-NEC on Schedule C, Profit or Loss from Business.

If you earned any freelance income this year and were paid through PayPal, Venmo, Cash App or Zelle, you'll have new rules to follow when filing your tax return next year. Next year, you'll receive ...

You can also look up more information about each form at IRS.gov. For example, if you’re self-employed, you generally report your income from 1099-NEC on Schedule C, Profit or Loss from Business. You ...