Form 1099-MISC and Form 1099-NEC. Many employers are likely familiar with Form 1099-MISC. For years, business owners used it to report payments for rent, royalties, medical and healthcare payments and ...

While filing this form is straightforward, errors can occur. Correcting these mistakes promptly is crucial to avoid penalties and ensure IRS compliance. Several common errors can occur when preparing ...

As the April tax deadline approaches for more than 340 million Americans, crypto taxes are once again in the spotlight. But ...

Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...

The sooner you finish your taxes, the sooner you'll receive your tax refund, if you have one coming. But even if you do tend to wait until the last moment or plan on filing an October 15 ...

The day none of us want to think about is steadily approaching —Tax Day 2025. If you want to get a head start, filing is open ...

Claims and filings that are determined to be frivolous can result in penalties of $5,000 for each copy that claims an ...

As a freelancer or gig worker, you may also be used to receiving either a form 1099-MISC or 1099-NEC for the work that you do. Companies are required to issue these forms for any work over $600 ...

Some gig workers get a 1099-K in the mail. CPA and TurboTax Expert Miguel Burgos explains what the form is, who gets it and ...

Scammers are 'relentless,' according to new IRS alert listing the 'Dirty Dozen' tax scams. Bad social media advice triggers ...