1099 Form Online Best Practices: Helping freelancers navigate their tax situation

With the exploding freelancing market and changing tax laws, becoming a freelancer is a popular choice for many people. But the lack of support or information can leave freelancers with a lot of anxiety. To help freelancers and to ease the anxiety surrounding 1099s, we created a blog on Form 1099 online best practices. Here we discuss everything you need to know about paying your taxes as a freelancer. What is a 1099 Form? If you’re in business, you’re probably familiar with the 1099 form. Printable 1099 Form you use to send copies to the IRS and to the recipient …

1099 Form Online Best Practices: Helping freelancers navigate their tax situation Read More »

Why should you always file a Fillable Form 1099-MISC with the IRS?

Why should you always file a Fillable Form 1099-MISC with the IRS? A 1099-MISC is required by the IRS to be filled out by anyone who has paid a contractor more than $600 within a year. Here’s what you need to know about filling out a 1099-MISC and why you should always file one with the IRS. Most people don’t like paying taxes, but the IRS does expect you to file 1099-MISC. If you don’t file one, you’ll be in a lot of trouble with the IRS. But why does the IRS care about your 1099-MISCs? This blog will look …

Why should you always file a Fillable Form 1099-MISC with the IRS? Read More »

1099 MISC Problems Solved: Tips and ideas to Contractors

If you are an independent contractor and have been issued a 1099 MISC Tax Form, then you may be facing an uphill battle to get the amount you are due. The IRS is not very forgiving and can end up levying your bank account or garnishing your wages if you don’t fight back. Here are some common problems that you face when dealing with 1099 misc and some tips to solve them. What is 1099-MISC reporting? A lot of contractors are confused when it comes to filing a 1099-MISC. It’s not a complicated form, but it can be confusing to …

1099 MISC Problems Solved: Tips and ideas to Contractors Read More »

What Type of Business Should Take Advantage of the 1099 Form?

As a business owner, you may have considered hiring your own 1099 contractors, also known as freelancers or independent contractors. These contractors are individuals or businesses that provide professional, skilled, or technical services to other businesses. Hiring a 1099 contractor is a popular option for small businesses, but you need to be sure that you know what you’re doing. Here are a few things you should consider before hiring 1099 form contractors. What do you need to know about Form 1099? This form is used by businesses to report payments made to individuals and small businesses that are not incorporated …

What Type of Business Should Take Advantage of the 1099 Form? Read More »

1099 Form Nec: Need To Know About Reporting Your Taxable Income

If you are a freelancer, you likely have to pay self-employment tax. The way the IRS handles taxes for independent contractors is through the 1099 NEC Form Online. If you receive income from any type of freelance work, you will get 1099 from your client by the end of January. This guide will walk you through everything that is required when filling out this form and much more! What do You Need to Know About the 1099 Form? 1099 form is a tax-related form that employers use to report payments made to independent contractors. The payer will fill in the …

1099 Form Nec: Need To Know About Reporting Your Taxable Income Read More »

IRS Form 1099 MISC- What Is It, Due Date & Form 1099 Penalties

Every business owner or the payer needs help for their business or company or trade. Because of this reason, the business owner hires a person as a freelancer. If a business paid more than or equal to 600$ per year. So, you need to submit your IRS Form 1099 MISC to your non-employee. If in case, you hired a number of people for the support of your business on a contract basis, then you must file a 1099 MISC Form for each and every individual contractor. And, send the E File Form 1099 MISC copy to every self-employed worker. What …

IRS Form 1099 MISC- What Is It, Due Date & Form 1099 Penalties Read More »

IRS Form 1099-S: Here’s what to know in 2022

Do you know year-end brings you a lot of paperwork? When it comes to real estate, there will be a huge amount of paperwork associated with real estate sales closing, etc. IRS Form 1099-S. On the other hand, attorneys & legal professionals need to be very careful when the year-end approaches & a new tax year begins. Because along with the beginning of the new tax year, the Internal Revenue Service requires every business to report the year-whole transactions. Among those transactions, real estate transactions are the one. To report these transactions you need to file 1099 S to the …

IRS Form 1099-S: Here’s what to know in 2022 Read More »

A Complete Guide on How to File 1099-R Online Using the IRS E-File

Form 1099 Filing season is already underway. Businesses are busy filing their respective 1099 r online Form. Those who are unable to file within the deadline can still file 1099 Forms within 3 months after the deadline with a penalty. On the other hand, those who have requested an extension of time can start filing their 1099 Forms. Distributions are the most common thing that one may receive or may make throughout the tax year. If the distributions are made from a retirement plan, or IRA, annuity, then you need to issue “Form 1099 R”. So, let us have a …

A Complete Guide on How to File 1099-R Online Using the IRS E-File Read More »

Last day to file 1099 NEC & MISC Forms Online

Businesses have a “January 31st, 2023” deadline to provide Form 1099 NEC copy B to the recipient. The last day for filing 1099 NEC Form online to the IRS for the payments made in 2022 is “January 31st, 2023”. Also, the 1099 MISC Form is due to the IRS electronically by “March 31st, 2023”. Recipient copy B must be issued by “January 31st, 2023”. So, file Form 1099 MISC & NEC Online today. Why file Form 1099 NEC & MISC Today? As we know, a new tax year brings filing 1099 tax returns to the Internal Revenue Service. Yes, because …

Last day to file 1099 NEC & MISC Forms Online Read More »

Easy Filing with IRS Form 1099 K Instructions for the tax year 2022-23

Are you in the confusion to File IRS Form 1099 K for the payments made in 2022? Here you are on the right way. As the tax season approaches, most start-up businesses or existing business owners go on searching about 1099 Forms. Because the IRS goes on to update the reporting requirements of the individual 1099 tax forms every year. To get a clear idea about 1099 K Tax returns 2022, search for IRS Form 1099 K Instructions 2022. Here’s a breakdown of a complete step-by-step guide to filing the tax return hassle-freely, accurately, & experience Successful filing. Is it …

Easy Filing with IRS Form 1099 K Instructions for the tax year 2022-23 Read More »