Why the 1099-NEC is So Important
The 1099-NEC is one of the most commonly used forms for businesses today. Its focus on non-employee compensation ensures that independent contractor income is reported accurately. Why the 1099-NEC Matters […]
Types of 1099 Forms and When to Use Them
The IRS provides multiple types of 1099 forms, each designed to report a specific kind of income. For businesses and taxpayers, understanding which form to use is critical for accurate […]
1099 vs. W-2: What’s the Difference?
One of the most common questions during tax season is whether to classify a worker as a 1099 contractor or a W-2 employee. The distinction impacts taxes, benefits, and legal […]
What is a 1099 Form and Who Needs It?
The 1099 form is an essential document used by the IRS to track income that isn’t reported on a W-2. Whether you’re a business owner or a freelancer, understanding 1099 […]
