News

Knowing the difference between a 1099 vs W2 employee classification is key for filing taxes. Employees receive a W-2 and ...
Your 1099 independent contractor ... your tax form as a self-employed worker, self-employment taxes can be something of a shock. That's because you're paying both the employer and employee sides ...
Independent contractors, the IRS, and some state governments need 1099 forms. Learn how to report non-employee compensation.
Independent contractors can lower their tax bill by writing off business costs like travel and insurance but should consult a ...
the independent contractor uses Form 1099 to complete their own tax return. The most common reason for filling out Form W-9 is having income paid to you that you didn’t receive as an employee.
You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...
What is a Form 1099-MISC? A 1099-MISC is a type of tax form. It is used to report miscellaneous income for individuals and companies who have been paid $600 or more in non-employee service payments ...
fees for consulting or contract work, or a distribution from a retirement account. Here's a look at what 1099 forms are, when you can expect to receive them, and why they are important when you ...
Real estate transactions, reported on Form 1099-S Canceled debt ... save money by classifying you as an independent contractor rather than an employee. If you are an independent contractor ...
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 ...