Form 1099-MISC is for miscellaneous income. But Form 1099-NEC is for payments to independent contractors and adds ...

The IRS introduces Form 1099-DA, creating the first standardized system for reporting crypto and NFT transactions starting in ...

Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...

It's no big deal. That was the state’s message to its retirees after it sent them partially mislabeled tax documents. But on Monday, it changed course after the Des Moines Register, alerted to the ...

Form 1099-DA is used by brokers to report proceeds from digital asset dispositions to a user and the IRS.

You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to the IRS, ask for a “corrected” Form 1099.

Despite the government shutdown, taxpayers are gearing up for tax season. The Internal Revenue Service (IRS) will begin accepting paper and electronic tax returns on January 28, 2019. That means that ...

BRIAN ROCHE TELLS US WHY IT’S IMPORTANT. BRIAN: THE TAX FORM IS CALLED THE 1099-G. AND IF YOU RECEIVED ONE AND YOU DID NOT FILE FOR OR RECEIVE UNEMPLOYMENT BENEFITS IN 2020, YOU’VE GOT A PROBLEM. YOU ...

The end of the year means many reporting responsibilities for employers. You must generate W-2s for employees and 1099-NECs for contractors. It is important to correctly classify your workers to avoid ...

Small-business owners commonly make or receive payments that must be reported to the Internal Revenue Service. Many of these payments are reported using Form 1099-MISC. To fill out this form, though, ...

Forbes contributors publish independent expert analyses and insights. Rhett Buttle covers the intersection of the private and public sector. Late last year, the Internal Revenue Service announced a ...