If you plan on starting a side job this year, you’ll need to figure out your tax situation. But you’ll need to keep a few ...

Under the One Big Beautiful Bill Act Signed in July 2025, the Long-Standing $600 Reporting Threshold for Form 1099-NEC ...

Discover what's an independent contractor, how they manage taxes, and learn from real-life examples. Explore the benefits and ...

Q: A contractor damaged my irrigation system while installing fiber cable on our street. Repairs cost over $1,400. To be reimbursed, the contractor is requiring me to sign a Settlement and Release ...

Filers can manage electronic filing for 1099 and ACA series forms through TaxBandits as the March 31 deadline nears. ROCK HILL, SC / ACCESS Newswire / March 30, 2026 / TaxBandits, an IRS-authorized ...

A California woman was sentenced to 18 months in prison for defrauding the Internal Revenue Service of more than $1.2 million. Amy Evangelista, 60, was sentenced Thursday, March 19 for two counts of ...

If your business pays nonemployee compensation and other reportable payments, you must be aware of two forms: Form 1099-MISC and Form 1099-NEC. Many employers are likely familiar with Form 1099-MISC.

Among the many changes included in the One Big Beautiful Bill Act (OBBBA) is one relevant to brands and agencies running sweepstakes, contests, and other consumer promotions. For prizes (such as cash, ...

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. It is true that over time, these forms have continued to ...

If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The IRS has recently announced the launch of its new ...

Small-business owners commonly make or receive payments that must be reported to the Internal Revenue Service. Many of these payments are reported using Form 1099-MISC. To fill out this form, though, ...