Specifically, the law repealed the $600 reporting requirement for payments through third-party networks. It also increased ...

Self-employment requires far more than hanging up a sign and selling a product or providing a service. Regulations are read ...

Tax time is sometimes a stressful period for contractors because they have to generate all kinds of paperwork. A 1099 form generator provides a practical solution that makes this convoluted process ...

A new tax form related to digital assets is set to change how millions of crypto investors file their taxes and failing to understand it could mean paying more than necessary. Beginning with crypto ...

If you're one of the millions of creators who sell items through online marketplaces such as eBay, Etsy and Facebook Marketplace — there are more than 8.1 active sellers on Etsy alone, according to to ...

(NewsNation) — Fewer side hustlers who get paid through such apps as Venmo or PayPal will get a tax form this year, but the IRS still expects them to report the money they made. “Even if you don’t get ...

The IRS has introduced Form 1099-DA to standardize crypto tax reporting starting in 2025. This new form will be used to report proceeds from cryptocurrency and NFT transactions. Crypto exchanges in ...

Incorrect IRS Forms 1099 are a worry, since Forms 1099 generally saddle you with income you have to report. Of course, if you have income, you must report it, whether or not you receive a Form 1099.

This tax year millions of independent workers will receive Form 1099-NEC in the mail or electronically — prompting questions of what it is and how to use it for taxes. Businesses use Form 1099-NEC to ...

Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to report self-employment income instead of Form 1099-MISC as traditionally had been used. If you received ...

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. It is true that over time, these forms have continued to ...