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 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 ...
Mercury reports on 1099 filing misconceptions for small businesses, clarifying eligibility, requirements, and penalties to ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Jan 21, 2025, 09:08am EST Closeup of Form 1099-NEC and 1099-MISC.
- You must file now file 1099 Forms electronically if you have 10 or more information returns (down from 250). - The IRS launched IRIS, a new free online portal, for businesses to file their own 1099 ...
The 2025 tax season will have its quirks, gimmicks and gotchas. But right now anyway, many experts say most people should expect to see a timely tax refund. Fingers crossed. Taxpayers will still need ...
FAYETTEVILLE, AR / ACCESS Newswire / December 2, 2025 / With the IRS expected to begin its 2025 filing season in late January 2026, Tax1099, an IRS-authorized e-filing platform, is opening its ...