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 ...

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 ...

View post: Amazon is selling $200 AI earbuds for just $40 that translate 198 languages in real time If you are involved in a trade or business and receive payments from other people or entities, these ...

If you perform services as an independent contractor, then you should receive Form 1099-MISC at the end of the year. This form will tell you who paid you and how much. One copy of the form is sent to ...

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 ...

Small-business owners commonly make or receive payments that must be reported to the Internal Revenue Service. Many of these payments are reported using Form 1099-MISC. To fill out this form, though, ...

(MoneyWatch) With more folks being self-employed, and paying for the services they need to run their businesses, it's become important for these individuals to know IRS rules and requirements for ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Yet as we'll see, you are better off in most cases not asking for ...