All organizations that hired independent contractors in 2024 must file Forms 1099-NEC, Nonemployee Compensation, by January ...

If you live outside of the U.S. and didn’t receive Form SSA-1099 or SSA-1042 and can’t get one online, you’ll need to talk to ...

Previously, most sellers had to report when their sales reached $20,000 a year. But the IRS is slowly lowering that threshold ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...

The taxation of digital assets continues to be an area of confusion. The Internal Revenue Service has long taken the position ...

For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying ...

It's never on anyone's to-do list to carefully look at all the statements they're receiving. Most tax filers either hand those documents over to a professional or, if they are do-it-yourselfers, ...

The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.

Third party payment platforms are required to send you a 1099-K tax form if you made more than $5,000 on the platform in 2024. This reporting change will give the IRS a clearer picture of how ...

The clock is ticking! It's your last chance to file your information returns before the January 31 deadline. Let Tax1099 take the stress out of ...