irs form 1099 misc

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

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What are the fillable Form 1099 MISC reporting changes the tax-teams faces year-end?

For tax analysts, the beginning of a new tax year always brings along a series of changes in the fillable form 1099 misc reporting. These changes can affect how many 1099 Tax forms a business must send to the IRS and to what extent. The Internal Revenue Service pushed a lot of reporting deadlines back.

What are the fillable Form 1099 MISC reporting changes the tax-teams faces year-end? Read More »

What are Gross Proceeds & Why to EFile 1099 MISC for Gross Proceeds?

Do you know EFile 1099 MISC Information returns can be used to report attorney payments? Yes, businesses can E-File 1099 MISC to report attorney payments to the Internal Revenue Service. As per the IRS rules and guidelines, report the payments made to attorneys only if the attorney is not an S or C corporation member.

What are Gross Proceeds & Why to EFile 1099 MISC for Gross Proceeds? Read More »