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

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 ensuring ...

(MoneyWatch) With more folks being self-employed, and paying for the services they need to run their businesses, it's become important for these individuals to know IRS rules and requirements for ...

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 ensuring ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Beginning in 2017 for 2016 payments, the IRS has moved up the ...

Michigan Tech is required to file Form 1099-MISC and Form 1099-NEC for each calendar year, for the following items: Examples of services include all services performed (including parts and service), ...

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 every ...

Along with the returns for your own business taxes every year, you probably have to make out what the IRS calls information returns. These are the 1099 forms used to report payments to independent ...

Many self-employed or freelance workers expect to receive 1099 forms, but few realize that if they were hired to do work and paid more than $600, then they need to send a 1099 form. It is a bit more ...

The Internal Revenue Service could be doing more to encourage businesses to report miscellaneous income payments on 1099-MISC forms, according to a new report. While businesses reported about $6 ...