After nearly two years, Form 1099-MISC gets yet another update from the IRS. Tax1099 details what to look out for and how to be prepared for the upcoming filing season.
Category: 1099 Forms
Tax Season Is Coming: Tips To Prepare And File Informational ReportingTax Season Is Coming: Tips To Prepare And File Informational Reporting
Tax1099 will be at the Sage Transform 2022 conference. Ahead of the event, we provide tips to help you prepare and file your tax reports on time. We’re heading into
Government Regulation Reaches The Decentralized Space With 1099-DAGovernment Regulation Reaches The Decentralized Space With 1099-DA
Recent action from Washington D.C. will soon change the way you report digital assets with a proposed new IRS form, 1099-DA. If you buy and trade digital assets, you’ll want
Update: The IRS Is Creating A New Form 1099-DA For Cryptocurrency ReportingUpdate: The IRS Is Creating A New Form 1099-DA For Cryptocurrency Reporting
Everything you need to know about the new IRS tax form 1099-DA. At first, it was the restoration of Form 1099-NEC to replace Box 7 on Form 1099-MISC, and then
1099-K: The IRS Changes And What You Need To Know1099-K: The IRS Changes And What You Need To Know
Reporting for third-party digital payments, card processor payments, and cryptocurrency payments is changing for Form 1099-K. More than ever, gig economy workers, small businesses, and startups are using third-party payment
It’s Not Just You. Many Americans Are Concerned About The New 1099-K Tax Rule for Payments Over $600It’s Not Just You. Many Americans Are Concerned About The New 1099-K Tax Rule for Payments Over $600
Here’s why Americans are concerned about the new 1099-K tax rule, which requires PSEs to report payments over $600. What Happened Previously, PSEs (Payment Settlement Entities) needed to file a
Form 941: Who Is Required To File & When Is Form 941 Due In Q2 Of 2022?Form 941: Who Is Required To File & When Is Form 941 Due In Q2 Of 2022?
Here’s a simple guide on what is form 941, who must file it, the deadline to file Form 941 in Q2 of the 2022 tax year, what is the late
Crowdfunding Your Entrepreneurial Dream Could Come With Tax Complexities & SurprisesCrowdfunding Your Entrepreneurial Dream Could Come With Tax Complexities & Surprises
Do you run crowdfunding campaigns to enable your business ventures and entrepreneurial dreams? With the new 1099-K rule, crowdfunding might just come with tax complications What is crowdfunding? Crowdfunding is
Virtual Transactions Also Have Tax ConsequencesVirtual Transactions Also Have Tax Consequences
Certain virtual transactions come with tax implications. Learn what those transactions are, and how they impact your taxes. Businesses conduct a variety of transactions online regularly. With the rise of
How The New 1099-K Filing Rule Is Adversely Impacting Small Business OwnersHow The New 1099-K Filing Rule Is Adversely Impacting Small Business Owners
Small business owners raise concerns over the new 1099-K rule implemented through ARPA of 2021. Did you know that the gig economy contributes to nearly 6% of the total U.S.