Many settlement agreements don't say anything about tax forms. Yet many defendants issue a Form 1099 to the plaintiff, and a ...

For the 2025 tax year, the 'One Big Beautiful Bill' made several changes to deductions and tax laws. Some of these will ...

At the end of each year, individuals who have an employment contract with a company get a Form W-2 that summarizes their income and tax withholding. For individuals with self-employment and other ...

A 1099 tax form is a statement that details an amount of money that you were paid. Learn about this important tax document ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 3 years old. Closeup of Form 1099-NEC, ...

A check mark. It indicates that the relevant content has been reviewed and verified by an expert This story has been reviewed by a professional to ensure you get the most accurate and useful ...

What is self-employment tax? The federal self-employment tax is composed of Social Security and Medicare taxes, which are also known together as the Federal Insurance Contributions Act (FICA). For ...

FlyFin unveiled a free 1099 income tax calculator, making it easy for 1099 self-employed individuals to compute their quarterly or annual income taxes quickly. A 1099 Form is a record that an entity ...

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 ...

A classically trained French hornist by education, Nick Wolny is a managing editor at CNET Group, where he oversees the Perspectives franchise and written branded content across CNET Group's ...

We like this tax software for its solid tools for self-employed filers and free federal filing for active military members.