If your business pays nonemployee compensation and other reportable payments, you must be aware of two forms: Form 1099-MISC and Form 1099-NEC. Many employers are likely familiar with Form 1099-MISC.

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 ...

(MoneyWatch) With more folks being self-employed, and paying for the services they need to run their businesses, it's become important for these individuals to know IRS rules and requirements for ...

Across the US, millions of people are getting 1099-MISC forms. Of course, it’s a way for the IRS to make sure it gets paid the taxes owed. This is done by matching the 1099-MISC form you received and ...

Paperwork is the necessary evil for any business. Yet there are some things you just have to do. Of course, this is certainly the case with the IRS. And one of their requirements --which many ...

ROCK HILL, SC / ACCESSWIRE / February 14, 2023 / There are a few key IRS deadlines tomorrow, February 15th, that businesses should be aware of. This includes the deadlines to distribute copies of ...

A classically trained French hornist by education, Nick Wolny is a managing editor at CNET Group, where he oversees the Perspectives franchise and written branded content across CNET Group's ...

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information ...

Michigan Tech is required to file Form 1099-MISC and Form 1099-NEC for each calendar year, for the following items: Examples of services include all services performed (including parts and service), ...