IRS Forms 1099 allow computer matching of Social Security numbers and dollar amounts paid. That makes it possible for IRS collection efforts to be streamlined and automated. Failing to report a Form ...

If you've never received a 1099 form before, it's time to familiarize yourself with this important tax form. Typically, you'll receive a 1099 because you earned some form of income from a non-employer ...

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

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 ...

Most Forms 1099 arrive in late January or early February, but a few companies issue the forms throughout the year when they issue checks. Whenever Forms 1099 arrive, don’t ignore them. Each form ...

Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...

The Internal Revenue Service (IRS) released an updated frequently asked questions document for taxpayers and tax professionals this week regarding Form 1099-K, which is used to report income for ...

Disclaimer: Always consult a tax professional to ensure you understand your business tax obligations. This article compiles information directly from the IRS and is intended as a resource and not tax ...

If you perform services as an independent contractor, then you should receive Form 1099-MISC at the end of the year. This form will tell you who paid you and how much. One copy of the form is sent to ...

TaxBandits supports the e-filing, submission, and status tracking of Form 1099-DA, the IRS's newly introduced form for digital asset reporting. The company draws on its experience with federal and ...