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 ...

Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, and credit cards. The IRS has issued FAQs to explain when you might get one.

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

1099 forms report income received by individuals or businesses that is not from traditional employment, like freelance payments, income from investments, retirement distributions and withdrawals from ...

Generally, when you receive income outside of your usual paycheck, you'll also get a tax form summarizing your earnings. This form is known as a 1099, and it comes in a number of varieties. There's ...

Eric's career includes extensive work in both public and corporate accounting with responsibilities such as preparing and reviewing federal, state, and local tax filings; supporting multinational ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. But more generally, incorrect Forms 1099 are not uncommon. At a ...

Generally, when you receive income outside of your usual paycheck, you'll also get a tax form summarizing your earnings. This form is known as a 1099, and it comes in a number of varieties. There's ...