Any time you make money, whether it's income from an investment or payment for doing a freelance gig, you're required to report it to the IRS and pay your share of taxes on what you earned. Generally, ...
A 1099 consultant is an outside contractor who works under contract for a company. Running a 1099 consulting company means you receive annual tax forms from various contracts listing the amount of ...
As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information ...
If you're wondering, "How do I do a 1099 for an employee?" just chill. 1099 forms don't go to employees, the IRS explains. They only go to nonemployees your company pays money to. You report employee ...
A variety of 1099 Forms are used to report income to the IRS Fact checked by Vikki Velasquez Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these ...
Tax season has started, and already, you should have gotten a lot of the forms you need to prepare your return. In particular, if you owned shares of stocks or mutual funds that paid dividends during ...
If it’s been a rough couple of years for you, you’re not alone. Maybe your income was cut, you lost your job, or you had large expenses like medical bills. You may have fallen behind on bills, fielded ...
I am halfway through the three-year monitoring phase of the discharge process of a substantial student loan due to a permanent disability. I expect to receive a 1099-C form at the end of the waiting ...
If you are considering switching to 1099 income, there are some best practices you should know. These are five things that I've found important to understand before switching to a 1099 and earning ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. DENVER (KDVR) — Many who received ...
Don't ignore an incorrect 1099. You could face tax troubles if you do. Any time you make money, whether it's income from an investment or payment for doing a freelance gig, you're required to report ...