TurboTax Premium is a powerful tool for those who want to make the most of their tax returns. With features designed for ...

If you pay independent contractors $600 or more annually, you must report those payments to the IRS on Form 1099-NEC. The process is fairly simple if you only need to send one or two, but it gets ...

“Sole proprietors need to keep their own records because they aren’t necessarily going to get a 1099-NEC,” says Annette Nellen, professor and director of the graduate tax program at San Jose ...

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).

This tax reporting change will be implemented in phases. It could be delayed again, but freelancers should plan ahead.

According to ZipRecruiter, the average pay for Instacart shoppers in Maryland is about $17 per hour. I made less than that.

Once this rule takes effect, you may still receive individual 1099-NEC forms if you were paid through direct deposit, check or cash. If you have multiple clients who pay you through PayPal ...

H&R Block allows you to enter your income from your small business as reported on 1099-NEC. You can also snap a photo of your 1099-NEC or import it directly into H&R Block, eliminating the need to ...

and 1099-NEC forms. This is an example of Sage 50's depth and flexibility. Purchase transactions, like sales transactions, have dedicated landing pages. Still, it lacks some tools that competitors ...