Most married couples file a joint income tax return. But there are some cases in which choosing the married filing separately option may be better. There are several tax breaks that married ...
Sovos, the always-on compliance company, today announced the launch of 1099 Professional, a new solution designed to simplify tax information reporting for small and medium sizes businesses (SMBs).
Making a last-minute contribution to an IRA before the 2024 tax filing deadline could reduce your 2023 tax bill. Be aware of the income limits associated with IRAs and Roth IRAs to see if you're ...
President Bola Tinubu has turned down the advice of the National Economic Council (NEC) to withdraw the tax reform bills. The president rejected the recommendation of NEC on Friday evening in a ...
Attorney fees. Medical and healthcare payments. Other income payments. In comparison, you'll file Form 1099-NEC if you paid over $600 annually to an independent contractor. An independent ...
Through his father’s prodding, he had earlier applied for the the UBA Foundation’s National Essay Competition (NEC) that year, and the education grant which he clinched after emerging the ...