$630 or 10% of income reported (whichever is higher) Please note that as March 31, 2024, falls on a Sunday, therefore, the deadline is extended to April 1, 2024.

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 ...

Tax2efile.com, an IRS-authorized online tax filing service provider, is thrilled to announce its enhanced services for the 2024 tax season. HERNDON, VA, USA, January ...

ROCK HILL, SC / ACCESSWIRE / February 12, 2024 / January may have come and gone, but there are still a few more IRS Form 1099 deadlines that businesses and tax professionals must be aware of. By ...

AccountingSuite, which makes accounting software with built-in inventory management features, has integrated its software with Tax1099, an IRS-approved, cloud-based e-filing system for the 1099 MISC ...

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 ...

Self-employed people are responsible for calculating, reporting and paying their federal, state and local taxes. When filing an annual federal tax return, a taxpayer will use his 1099-MISC form or ...