Here is a simple guide for the gig economy businesses to understand the state-wise filing requirements for Form 1099-K. The gig economy is on the rise. With at least 16%
Here is a simple guide for the gig economy businesses to understand the state-wise filing requirements for Form 1099-K. The gig economy is on the rise. With at least 16%
Employers must pay attention to these forms before sending them to their employees and independent contractors. When businesses need additional resources to complete a task or a project, the business
Form 1099-MISC Changes – Here are some updates to look for on Form 1099-MISC for 2021. As the 2021 calendar year comes to an end, the other side of the
Here are a few updates to Form 1099-NEC that you must know for the 2021 tax year. As the 2021 calendar year comes to an end, the excitement leading to
Here’s how Tax1099 is helping gig economy companies file their 1099 forms more efficiently this tax season. When life gives you lemons, you make lemonade. And when Tax1099 offers convenient
TIN Matching will help taxpayers perfect their payee data before filing Form(s) 1099 with the Internal Revenue Service (IRS) and Form(s) W-2 with the Social Security Administration (SSA). Let’s discuss
Here’s how gig economy companies are risking lawsuits and hefty penalties from the IRS by misclassifying their employees as independent contractors. Employees and independent contractors are different. That is established.
Here’s a comprehensive approach to understanding everything there is to know about Form 1099-NEC, non-employee compensations, and its reporting requirements. A few years ago, when the gig economy was not
Take a brief look at the penalty assessments from the IRS if you file your Form 941 late. There are many things that businesses can afford. But penalties are not
Here’s everything you need to know about the almost-ignored field of Form W-2; Box D. Usually, employers are required to file Form W-2 with the IRS and send a copy