The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...

Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...

A stock photograph of a 1099 Misc tax form. Photographed with the Canon EOS 5DSR at 50mp and the 100mm 2.8 L (IS) lens. Incorrect IRS Forms 1099 are a big tax worry. After all, Forms 1099 generally ...

Tax season is well underway, and that means you should have received one or more income statements from employers or any other entities that paid you income in 2024. IRS rules state that all tax ...

Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...

If you don't know the difference between a W-2 and a W-4 or a 1040 and a 1099, you're not alone. Everyone needs to understand how every IRS tax form is used and when to use them. There are many forms ...

This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could accidentally ...

A 1099 mortgage allows borrowers to use their 1099 forms to show their income. 1099 mortgages can be smart for self-employed borrowers like freelancers, as well as business owners who take a lot of ...

Portland, OR, USA - Jan 5, 2022: Third-party payment apps now have to report transactions more than USD600 to the IRS. Taxpayers who engage in online sales may have dodged a reporting bullet in early ...

South Carolina employers and payroll service providers should submit their 2024 W-2 and 1099 forms to the SCDOR by Jan. 31, 2025. If you file 10 or more W-2 or 1099 forms, remember – you’re required ...