Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ensuring ...

Many self-employed or freelance workers expect to receive 1099 forms, but few realize that if they were hired to do work and paid more than $600, then they need to send a 1099 form. It is a bit more ...

If you’re among the 75 million gig workers in the U.S. you will receive, if you haven’t already, something called a 1099-MISC. It’s one of the many 1099 statements that you might receive. But this one ...

Self-employed people are responsible for calculating, reporting and paying their federal, state and local taxes. When filing an annual federal tax return, a taxpayer will use his 1099-MISC form or ...

Large companies can spend over 100 hours filing thousands of 1099 tax forms, a “significantly more complex” undertaking than ...