The Dancing Accountant on MSN31m
January 31st Deadline Approaching! When Do I Have To Issue A 1099 Form To Someone I Paid?
This form was new for 2020 and replaces the old Box 7 of Form 1099-MISC. “NEC” stands for “non-employee compensation ... just to be safe. The person filling out the W-9 will indicate their entity type ...
Elon Musk says federal employees must fill out productivity reports or resign
Tech billionaire Elon Musk said Saturday that all federal employees are expected to fill out a mandatory productivity report ...
The Dancing Accountant on MSN31m
January 31st Deadline Approaching! Small Business Owners: How to Issue 1099s and W-2s from Gusto Payroll
Back in 2023, Gusto changed the details for how they handle distribution of 1099 ... for ALL employees. I will have to pick out which ones selected paper delivery and only print and mail those. Or I ...
IRS Forms 1099 Can Be Wrong, Here’s What You Can Do About It
Forms 1099 can be wrong. Say you were paid a consulting fee of $30,000, but the 1099 you receive is for ten times that, $300,000? What should you do?
1099-K tax rules: What you need to know if you get paid via Venmo, Cash App or PayPal
If you get paid through Venmo, PayPal, Cash App or another payment app, you may receive a Form 1099-K this year. Here’s what ...