For example, Form 1099-NEC, used to report payments to independent contractors, must be furnished by February 2, 2026. As ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Forms 1099 generally saddle you with income you have to report.
The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...
Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...
Many small businesses accept credit cards, debit cards, and money transfer app payments as payment options when customers purchase goods and services. If you're among them, you will likely receive ...
A 1099 is a tax document reporting nonemployment income to the IRS. There are several types of 1099 forms, depending on the income you receive — but all are designed to report payments you received to ...
If you can file your taxes early, you should. Here's everything you'll want to have ready to do it. Peter is a writer and editor for the CNET How-To team. He has been covering technology, software, ...
As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. It is true that over time, these forms have continued to ...
If you're ready to file your 2025 income taxes (and receive your potential tax refund) early, here is the information and ...