Employers, businesses, and tax professionals can now e-file 1099, 1098, and 1095 forms with TaxBandits to meet the IRS e-filing deadline. Filing on time ensures compliance and helps avoid costly ...
NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 ...
Each January, your mailbox and email are likely filled with tax forms. You'll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance ...
Form 1099-QA is an IRS tax form filed by states, their agencies, or their instrumentalities. It reports distributions from Achieving a Better Life Experience (ABLE) accounts specifically designed ...
This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could ...
I'm an IRS-enrolled agent and tax expert who can help you navigate filing this freelance form without accidentally reporting your income twice. A 1099-K form is a relatively new IRS income tax ...
Don't panic. Here's what you need to know about this tax from. The IRS said the 1099-K form is a report of payments you received for goods or services during the year if you made any money or ...
We’re well into tax preparation season ... Income from an employer (Form W-2); unemployment compensation (1099-G); Social Security benefits (SSA-1099); interest income (1099-INT), and ...
This week MoneywebNOW took a look at ten years of tax-free investment products in SA, a working class that’s fast losing its buying power and managing our own portfolios as private investors.
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.
HSAs are tax-advantaged savings accounts that allow consumers to save pre-tax money to pay for qualified medical expenses. Be on the lookout for Forms 1099-SA and/or 5498-SA, relating to distributions ...
Many employers are likely familiar with Form 1099-MISC. For years, business owners used it to report payments for rent, royalties, medical and healthcare payments and other nonemployee payments.