News

If you haven't filed your 2024 tax return yet, don't panic. Although the deadline for extended returns is October 15th, you can download all your W-2s, 1099s and other tax document information on a ...
Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ...
The IRS will have much less of a view into how much income small businesses and independent contractors make because there will be much less third-party reporting required under Trump’s new law.
The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
SAN ANTONIO , Jan. 30, 2025 /PRNewswire/ -- All organizations that hired independent contractors in 2024 must file Forms 1099-NEC, Nonemployee Compensation, by January 31 to avoid costly penalties.
Home Taxes tax forms Navigating 1099s: A Guide to All 22 IRS Tax Forms to Know You should receive your 1099 form by February 15. But what happens next?
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.
Explore the various types of IRS Form 1099 that lawyers and law firms handle both as senders and recipients, and understand why law firms deal with these forms more frequently than most other ...
With this flexibility comes certain tax obligations. One of these is understanding when and why an LLC partnership might receive a 1099-NEC form. This form, reintroduced by the Internal Revenue ...
Form 1099 reports income from sources other than employment. It’s filed differently than Form 1040 for wages, so you may need help in understanding all the requirements.