Independent contractors, the IRS, and some state governments need 1099 forms. Learn how to report non-employee compensation.
WASHINGTON— Uber and DoorDash are pressing Republican lawmakers to expand President Trump’s no-tax-on-tips promise beyond ...
As tax season, a time most Americans dread, starts inching closer to the finish line, better known as the tax deadline, ...
In the U.S., self-employed individuals face unique tax challenges, including the need to make quarterly estimated tax ...
Independent contractors are treated as self-employed individuals ... The Social Security tax applies on income up to $160,200 in 2023. While a W-2 form is used to report wages for employees, a 1099 ...
NEXT explains that if you’re an independent contractor, it’s your job to pay taxes on your own—and you’ll want as many 1099 ...