What is the difference between Form 1099-MISC and Form 1099-NEC?
Form 1099-MISC and Form 1099-NEC are both IRS forms used to report income paid to individuals or businesses other than […]
1099 Forms
What is the release date for IRS Form 1099-DA?
The IRS has not yet formally announced the release date for Form 1099-DA or when reporting will officially begin, but
IRS Form 1099-DA: Digital Assets
IRS Form 1099-DA, also known as the Digital Assets form, is a relatively new addition to the series of 1099
What Do I Do If My Employer Hasn’t Sent Me My 1099 Form Yet?
If your employer hasn’t sent your 1099 form yet, here’s what you can do: Reach Out to Your Employer: Contact
Understanding a Sample 1099-K Situation: Freelancing Through PayPal
With the rise of the gig economy and the increased reliance on digital payments, more people are receiving IRS Form
New IRS Forms 1098-F, 1099-LS, 1099-SB.
Form 1098-F (Fines, Penalties, and Other Amounts) Purpose: Form 1098-F is used to report certain fines, penalties, and other amounts
1099 Forms
About IRS forms 5498, 5498-ESA and 5498-SA
IRS Forms 5498, 5498-ESA, and 5498-SA are informational forms related to different types of tax-advantaged accounts. Each form serves a
1099 Forms
How do LLCs use 1099 Forms?
ependent contractors are commonly hired by LLCs due to long term cost savings and less oversight required.
1099 Forms
Yikes! Please help me! I got a CP 2000 notice from the IRS.
A CP 2000 notice is issued when the IRS suspects that a federal income tax return has either under reported
What if I forget my IRS FIRE password?
Forgotten FIRE Password The IRS FIRE (Filing Information Returns Electronically) system requires a password to log in. If you forget