State of Tennessee and Form 1099-K compliance
The State of Tennessee mandates the filing of Form 1099-K with its Department of Revenue, regardless of whether any state […]
1099 Forms
Understanding the Combined Federal/State Filing Program
The Combined Federal/State Filing Program is a voluntary partnership between the IRS and participating states that allows filers to send
Implications of IRS-ICE Data Sharing
The IRS-ICE data-sharing agreement signed on April 7, 2025, is a historic and controversial shift in U.S. tax and immigration
How to Handle an IRS CP2000 Notice for Underreported Income
Receiving a CP2000 notice from the IRS can be unsettling, but it’s not an audit and doesn’t necessarily mean you
Cross-Border Payments Compliance: When to Issue Form 1042-S vs. Form 1099
Navigating U.S. tax reporting rules for cross-border payments can be tricky — especially when deciding whether to issue a Form
Mandatory E-Filing: Adapting to the 10-Form Threshold Rule
In an era where digital transformation is reshaping how businesses and organizations interact with the IRS, the new e-filing requirements
What Employers Need to Know About the IRS Form 8955-SSA Electronic Filing Mandate
The IRS Form 8955-SSA is used to report separated participants in an employer’s retirement plan who are entitled to deferred
Do Fantasy Sports Winnings Get Reported on IRS Form W-2G?
Fantasy sports winnings are typically not reported on IRS Form W-2G because this form is generally used for reporting gambling
Understanding IRS Form 1099-SA: How Health Savings Account (HSA) Distributions Are Reported
What Is Form 1099-SA? IRS Form 1099-SA is used to report distributions from a Health Savings Account (HSA), Medical Savings
How to File a 1099 for a Deceased Person or Business That Closed Mid-Year
If you need to file a 1099 for a deceased individual or a business that closed mid-year, you are still