Self-employment tax requires you to pay 15.3% of your total earnings. This tax is levied to pay into Social Security and ...

"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...

PredictIt, for example, said through a spokesperson last month that it's "required to issue Form 1099 to ... that PredictIt's accounting team "is working on [the tax forms] now." Robinhood's website ...

Ah, the task of filing taxes ... the ones in question here are called 1099-NECs — indicating “Non-Employee Compensation,” for individuals doing contract work. The basic rule is that if ...

The 1099-NEC form is essential for reporting non-employee compensation. It is commonly used by businesses to report payments ...

In today’s issue, we get ready for tax time as Anthony Tuths from KPMG provides an overview of crypto tax preparation and the rules to ...

While a large U.S. centralized exchange may provide you with an IRS Form 1099, other exchanges likely ... you provided as an employee or independent contractor? In that case, you had reportable ...

This filing season appears to be business as usual for now, for most accounting professionals ... to accommodate contracts with the union. You can't just override union policy." Although the broker's ...

Discover three underrated, high-dividend stocks positioned to capitalize on AI demand and market shifts. Explore more details ...

Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly ...

Standout benefits: OnPay offers integrations with accounting ... automatic W-2 and 1099 forms, unlimited payroll runs, state tax registration, international contractor payments, time off requests ...