Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ...

With more folks being self-employed, it's important for these individuals to know the rules and requirements surrounding IRS 1099-Misc forms ...

Whether you're a business owner who relies on independent contractors or you make your living as a freelancer, understanding the difference between Form 1099-MISC and 1099-NEC is critical to ...

Form 1099-MISC serves a record of income made outside of standard employment. A business generates the form and must send it to the recipient and the Internal Revenue Service by a specific date ...

The 1099-MISC form is filed with the IRS for a given tax year, along with the corporation's other types of 1099's and W-2's. A restaurant would be considered a service provider under the IRS rules ...

Box 7 on the 1099-MISC is moving to its own form in January 2021, and companies need to be ready.

Now you can fill out the 1099-MISC forms yourself – but this is probably a bad idea. While they may seem easy, there are some potential landmines.

Don’t ask about most Forms 1099, including the common Form 1099-MISC. If you call or write the payor asking for a Form 1099, the payor may issue it incorrectly.