Form 1099-NEC
-
The new law includes a game-changer for business payment reporting
The One, Big Beautiful Bill Act (OBBBA) contains a major overhaul to an outdated IRS requirement. Beginning with payments made in 2026, the new law…
Read More: The new law includes a game-changer for business payment reporting -
If you’re hiring independent contractors, make sure they’re properly handled
Many businesses use independent contractors to help keep their costs down — especially in these times of staff shortages and inflationary pressures. If you’re among…
Read More: If you’re hiring independent contractors, make sure they’re properly handled -
Forms W-2 and 1099-NEC are due to be filed soon
With the 2023 filing season deadline drawing near, be aware that the deadline for businesses to file information returns for hired workers is even closer.…
Read More: Forms W-2 and 1099-NEC are due to be filed soon -
The new Form 1099-NEC and the revised 1099-MISC are due to recipients soon
There’s a new IRS form for business taxpayers that pay or receive certain types of nonemployee compensation and it must be furnished to most recipients…
Read More: The new Form 1099-NEC and the revised 1099-MISC are due to recipients soon -
Tax responsibilities if your business is closing amid the pandemic
Unfortunately, the COVID-19 pandemic has forced many businesses to shut down. If this is your situation, we’re here to assist you in any way we…
Read More: Tax responsibilities if your business is closing amid the pandemic -
Businesses: Get ready for the new Form 1099-NEC
There’s a new IRS form for business taxpayers that pay or receive nonemployee compensation. Beginning with the tax year 2020, payers must complete Form 1099-NEC,…
Read More: Businesses: Get ready for the new Form 1099-NEC
Stay current on weekly blogs by following our social media posts on LinkedIn, Facebook, and Twitter.