Employers who pay independent contractors for work that is not paid through their payrolls do not take out deductions. The contractors file their own taxes and make the payments. As a result, ...

Mercury reports on 1099 filing misconceptions for small businesses, clarifying eligibility, requirements, and penalties to ...

Completing an IRS Form 1099-Misc is required for a business that pays any vendor $600 or more for services in any given year. Ideally, when the contract relationship starts, the business has already ...

When you do contract work for an employer, they're supposed to send you a 1099 form summarizing your wages. That's information you may need to file your taxes. The deadline for employers to send out ...

Employers, businesses, and tax professionals can now e-file 1099, 1098, and 1095 forms with TaxBandits to meet the IRS e-filing deadline. Filing on time ensures compliance and helps avoid costly ...

ROCK HILL, SC / ACCESSWIRE / January 7, 2025 / Tax season has arrived, and TaxBandits is prepared to simplify year-end filings for businesses, accountants, and tax professionals nationwide. As a ...

I changed jobs about 4 months ago and received both a W-2 and a 1099-MISC (nonemployee compensation) from my previous employer. The compensation on my 1099 was for my unused vacation/sick days. How am ...

Beginning with W-2 forms filed with respect to 2016 wages, a new law requires employers to file the government copy by January 31, 2017, for both paper and electronic copies. The accelerated deadline ...

The sluggish economy has done wonders for keeping freelancers employed, but chances are they still can't tell the difference between a W2 and 1099, which matters more than they think. With this year's ...