AOL

1099 vs. W-2 Employee: What’s the Difference and What Does It Mean for Your Taxes?

How you’re classified as an employee will affect how you file your taxes. So, does that mean you’re a W-2 or a 1099 employee? If you’re an employee, you’ll receive a W-2. And if you’re an independent ...
AOL

How W-2 Employees Are Taxed Differently Than 1099 Contractors

From ride-sharing apps to the rise of mobile delivery services, many Americans have turned to the gig economy to earn extra money. Currently, 36% of employed individuals are independent workers, and ...
Forbes

Lawsuit Settlement Form 1099 Requires Special Care On Your Taxes

Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to report self-employment income instead of Form 1099-MISC as traditionally had been used. If you received ...
Forbes

IRS Forms 1099 For Lawsuit Settlements Can Total 200% Of Amount Paid

Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to report self-employment income instead of Form 1099-MISC as traditionally had been used. If you received ...