Employers who pay independent contractors for work that is not paid through their payrolls do not take out deductions. The contractors file their own taxes and make the payments. As a result, ...
LOS ANGELES, CA / ACCESSWIRE / December 28, 2020 / Tax2efile, an Internal Revenue Service (IRS) authorized online tax filing service provider, is pleased to announce that taxpayers may begin to e-file ...
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 ...
POMPANO BEACH, Fla.--(BUSINESS WIRE)--At a time when small businesses are dealing with countless challenges due to the COVID-19 pandemic, there is good news on the tax-filing front. efile4Biz.com – ...
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 ...
ROCK HILL, SC / ACCESSWIRE / December 15, 2020 / On November 18, 2020, the IRS updated Form 1099-MISC and released a new Form 1099-NEC for the 2020 tax year. These new requirements change the way ...
This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Often, an employee who works outside standard ...
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