All organizations that hired independent contractors in 2024 must file Forms 1099-NEC, Nonemployee Compensation, by January ...
Last year, the Internal Revenue Service announced a phased rollout of reporting requirements for businesses who receive at ...
Key Points for Businesses to Remember: IRS & SSA Filing Deadline: Employers must file Forms 1099-NEC, W-2, and 94X electronically by January 31, 2025. Recipient Copy Distribution: Employees and ...
Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...
Major IRS/SSA Tax Forms Due Tomorrow Form 1099-NEC: Businesses who have paid $600 or more to independent contractors must e-file 1099-NEC with the IRS and distribute recipient copies. Form 1099 ...
If you're a freelancer, business owner or someone who occasionally makes money on the side, you need to know about the new ...
April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have ...
Yes, video game marketplaces can be taxed, sometimes. Whether you're making money on Eve Online or Roblox, Minecraft or ...
Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other ...
April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have until May 1 or Oct. 15. Already filed your taxes? Here’s how much you can ...